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provide answer please Snappy Fish Photo reported the following figures on its December 31, 2024, income statement and balance sheet: (Click the icon to view
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Snappy Fish Photo reported the following figures on its December 31, 2024, income statement and balance sheet: (Click the icon to view the figures.) Compute the asset turnover ratio for 2024 Round to two decimal places. Y Net sales Average total assets Asset turnover ratio Data Table Net sales $ 450,000 Dec. 31, 2024 Cash 38,000 $ Accounts Receivable 55,000 Merchandise Inventory 73,000 Prepaid Expenses 11,000 Property, Plant, and Equipment, net 145,000 Dec. 31, 2023 33,000 59,000 71,000 8,000 11,000 Print Done Step by Step Solution
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