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For 2022, Grouper Company reported beginning total assets of $260,000 and ending total assets of $300,000. Its net income for this period was $43,900, and
For 2022, Grouper Company reported beginning total assets of $260,000 and ending total assets of $300,000. Its net income for this period was $43,900, and its net sales were $380,800.
Compute the companys asset turnover for 2022.
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