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Home My courses / 1 PRINCIPLES OF ACCOUNTING General 102 - Question 12 Not yet answered Marked out of 1.00 During 2017, Poto Corporation reported

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Home My courses / 1 PRINCIPLES OF ACCOUNTING General 102 - Question 12 Not yet answered Marked out of 1.00 During 2017, Poto Corporation reported net sales of $1,750,000, net income of $666,000, and depreciation expense of $120,000. Poto also reported beginning total assets of $500,000, ending total assets of $750,000, plant assets of $960,000, and accumulated depreciation of $600,000. Poto's asset turnover ratio is P Flag Select one: O 2.8 times. m question O 1.2 times. 3 3.5 times. O 23 times. Next page Previous page (102) - Jump to et e 1 Type here to search g

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