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Flask Company reports net sales of $2, 390 million; cost of goods sold of $2, 250 million; net income of $450 million; and average total
Flask Company reports net sales of $2, 390 million; cost of goods sold of $2, 250 million; net income of $450 million; and average total assets of $2, 070 million. Compute its total asset turnover. 1.09. 1.15. 1.06. 0.87. 0.92
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