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Financial statement data for the years ending December 3 1 , 2 0 Y 3 and 2 0 2 , for Linstrum Company follow: 2
Financial statement data for the years ending December Y and for Linstrum Company follow:Y$SalesTotal assets:Beginning of year$End of yeara. Determine the asset turnover for and Round your answers to one decimal placeYYAsset turnoverb. Is the change in the asset turnover from Y to Y favorable or unfavorable?
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