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How did they get this answer The company has sales of $10,000,000, total assets of $2,400,000, fixed assets of $1,000,000, inventory of $600,000, and accounts
How did they get this answer
The company has sales of $10,000,000, total assets of $2,400,000, fixed assets of $1,000,000, inventory of $600,000, and accounts receivable of $500,000. The company's total asset turnover is equal to imes (enter only the number, rounded to two decimals). Blank 1 Correct Answer Blank 1: 4.17,4.16,4.167, or 4.1666Step by Step Solution
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