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he Mount Vernon Company reported gross sales of $920,000, sales returns and allowances of $5,700 and sales discounts of $5,700. The company has total assets
he Mount Vernon Company reported gross sales of $920,000, sales returns and allowances of $5,700 and sales discounts of $5,700. The company has total assets of $570,000, of which $285,000 is property, plant, and equipment. What is the company's asset turnover ratio?
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