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Given the following ratios for Chronity, Inc.: - Debt ratio - 24.2% ROE - 19.9% Net profit margin = 13.9% Compute Chronity's Total Asset Turnover
Given the following ratios for Chronity, Inc.: - Debt ratio - 24.2% ROE - 19.9% Net profit margin = 13.9% Compute Chronity's Total Asset Turnover Ratio (i.e., Sales/Total Assets). Record your answer as a whole number rounded to two decimal places. For example, record total asset turnover ratio = 3.287343 as 3.29
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