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For 2020. Waterway Company reported beginning total assets of $360,000 and ending total assets of $394,000, Its net income for this period was $60,000, and

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For 2020. Waterway Company reported beginning total assets of $360,000 and ending total assets of $394,000, Its net income for this period was $60,000, and its net sales were $531.570. Compute the company's asset turnover for 2020. (Round answer to 2 decimal places, eg. 2.54) Asset turnover times

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