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PXG Co. has total assets of $10,400,000 and a total asset turnover of 2.54 times. Assume the return on assets is 12 percent. What
PXG Co. has total assets of $10,400,000 and a total asset turnover of 2.54 times. Assume the return on assets is 12 percent. What is the company's sales? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Sales
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Answer So PXG Cos sales are 26416000 To find the sales of PXG Co we can u...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
