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Ivanhoe Company gives you the following information pertaining to the year 2017. Net sales Cost of goods sold Current assets Current liabilities Average total assets

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Ivanhoe Company gives you the following information pertaining to the year 2017. Net sales Cost of goods sold Current assets Current liabilities Average total assets 1000000 Total liabilities Net income $840000 480000 487000 244000 559000 140000 The asset turnover ratio of Ivanhoe Company is 0.84 0.48. D0.14. 1.19

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