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. In 2012, Chans Karate Co. had a net profit margin of 9%, sales of $15M, total assets of $4M, and long-term debt of $1.6M.

. In 2012, Chans Karate Co. had a net profit margin of 9%, sales of $15M, total assets of $4M, and long-term debt of $1.6M. What was Chans total asset turnover ratio for 2012?

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