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Question 1 of 20 1 Points A firm has the following figures in its annual report: Income Statement: Balance Sheet Items: Sales 1,220 Cost of

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Question 1 of 20 1 Points A firm has the following figures in its annual report: Income Statement: Balance Sheet Items: Sales 1,220 Cost of Goods Sold 845 EBIT 335 Net Income 197 Receivables Inventory Current Assets Total Assets 105 145 375 2,229 Current Liabilities 122 Long term Debt 777 Stockholders Equity 1,330 Compute the firm's asset turnover ratio O A. 2.64 times OB. 0.55 times O C. 0.92 times OD. 1.83 times Reset Selection

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