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For the 2018 and 2019 fiscal years, Stilton Enterprises reported the following financial data: 2018 2019 Sales Net income $4,200,000 $4,800,000 840,000 1,200,000 Assets
For the 2018 and 2019 fiscal years, Stilton Enterprises reported the following financial data: 2018 2019 Sales Net income $4,200,000 $4,800,000 840,000 1,200,000 Assets at end of year 2,800,000 3,200,000 Liabilities at end of year 1,800,000 2,200,000 Given these figures, Stilton's asset turnover for 2019 is O 1.4. O 1.5. O 1.6. O 1.8.
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