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Maple Corp. had net sales of $219,550 for the year ended December 31, 2017. Its beginning and ending total assets were $89,200 and $121,500, respectively.
Maple Corp. had net sales of $219,550 for the year ended December 31, 2017. Its beginning and ending total assets were $89,200 and $121,500, respectively. Determine Maple's asset turnover ratio for the year ended December 31, 2017. (Round your answer to two decimal places.)
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