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For the fiscal year 2020, Company W reported net sales of $150,424 million, net operating profit after tax of $4,593 million, and net operating assets
For the fiscal year 2020, Company W reported net sales of $150,424 million, net operating profit after tax of $4,593 million, and net operating assets of $41,829 million. The 2019 balance sheet reported net operating assets of $43,542 million. What is the firms 2020 net operating asset turnover?
10.98% | ||
3.60 | ||
27.81% | ||
3.524 |
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