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For 2022,Shoring Engineers reported beginning total assets of $410,000and ending total assets of $450,000. Its net income for this period was $66,300, and its net
For 2022,Shoring Engineers reported beginning total assets of $410,000and ending total assets of $450,000. Its net income for this period was $66,300, and its net sales were $645,000.
How would I be able to compute the company's asset turnover for 2022. Please explain which numbers are plugged into the formula as I am having trouble with this concept. Thank you!
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