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Independence Corporation reported beginning and ending total assets of $ 28,000 and $ 42,000, respectively. Its net sales for the year were $ 30,000. What

Independence Corporation reported beginning and ending total assets of $ 28,000 and $ 42,000, respectively. Its net sales for the year were $ 30,000. What was Independence's asset turnover ratio?

O A. 2.00

O B. 0.50

O C. 0.75

O D. 0.86

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