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For 2022 , Bramble Company reported beginning total assets of $450,000 and ending total assets of $490,000. Its net income for this period was $72,700,
For 2022 , Bramble Company reported beginning total assets of $450,000 and ending total assets of $490,000. Its net income for this period was $72,700, and its net sales were $723,800. Compute the company's asset turnover for 2022. (Round answer to 2 decimal places, e.g. 52.75.) Asset turnover times Step by Step Solution
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Financial Accounting Practice And Principles
Authors: Jan Bebbington, M. Richard Laughlin, Robert H. Gray, Gray Dave
3rd Edition
1861527713, 978-1861527714
