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Given the following information about Weber's Online Grocery assuming it wells entirely on credit, what is the total asset turnover? Current Assets $10,555 Accounts receivable
Given the following information about Weber's Online Grocery assuming it wells entirely on credit, what is the total asset turnover?
Current Assets $10,555
Accounts receivable 5,582
Cash 3,058
Inventories 1,734
Sales 36,938
Cost of goods sold 30,838
Total current liabilities 11,609
A. 3.49X
B. 0.29X
C. 2.84X
D. 0.82X
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