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Net sales are $1620000, beginning total assets are $500000, and the asset turnover is 4.0. What is the ending total asset balance? $500000 $560000 $310000

Net sales are $1620000, beginning total assets are $500000, and the asset turnover is 4.0. What is the ending total asset balance?

$500000

$560000

$310000

$405000

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