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Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,890,000. Assers were as follows. a. Compute the following: (Round the final answers to
Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,890,000. Assers were as follows. a. Compute the following: (Round the final answers to 2 decimal places.) b. In 20XY. sales increased to $5,430,000 and the assets for that year were as follows: Compute the following. (Round the final answers to 2 decimal places.) Compute the following: (Round the final answers to 2 decimal places.) c. Indicate if there is an improvement or decline in total asset turnover. Decline
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