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Jim Kovacs Company makes supplies for schools Sales in 20XX were $4,720,000. Assets were as follows: a. Compute the following: (Round the final answers to

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Jim Kovacs Company makes supplies for schools Sales in 20XX were $4,720,000. Assets were as follows: a. Compute the following: (Round the final answers to 2 decimal places.) b. In 20XY. sales increosed to $5,220,000 and the assets for that year were as follows: b. In 20Y, sales increased to $5,220,000 and the assets for that year were as follows: Compute the following '(Round the final enswers to 2 decimal places.) c. Indicate if there is an improvement or decline in total asset turnover. Decline improvemen

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