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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

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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