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Liberty Company reported beginning and ending total assets of $25,000 and $22,000, respectively. Its net sales for the year were $18,800. What was Liberty's asset
Liberty Company reported beginning and ending total assets of $25,000 and $22,000, respectively. Its net sales for the year were $18,800. What was Liberty's asset turnover ratio? OA. 0.75 OB. 0.85 O C. 0.80 D. 1.25
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