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More Profits, Inc. (MPI) earned a profit of 20% on sales of$22,000,000. Its balance sheet shows total assets of $8,000,000.What is the Total Asset Turnover

More Profits, Inc. (MPI) earned a profit of 20% on sales of$22,000,000. Its balance sheet shows total assets of $8,000,000.What is the Total Asset Turnover ratio for MPI?A. 3.00B. 2.88C. 2.75D. 2 answers

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