Please explain how to solve the following: Howard Corp.'s sales last year were $41,000, and its total
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Question:
Please explain how to solve the following:
Howard Corp.'s sales last year were $41,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)?
Select the correct answer.
a. 2.46
b. 0.66
c. 3.06
d. 1.86
e. 1.26
Thank you
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