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NET INCOME NET SALES CURRENT ASSETS CURRENT LIABILITIES $590,000 $420,000 $475,000 $65.000 $600.500 TOTAL ASSETS Based on this information, which of the following is the

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NET INCOME NET SALES CURRENT ASSETS CURRENT LIABILITIES $590,000 $420,000 $475,000 $65.000 $600.500 TOTAL ASSETS Based on this information, which of the following is the correct rate of return on sales? 1.26 O O 1.13 1.40 O 0.88

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