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QUESTION 8 The following information is provided for M Corporation: Net income 2019 $3,000 Net sales 2019 $5,500 Total assets 12/31/17 $4,700 Total assets 12/31/18

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QUESTION 8 The following information is provided for M Corporation: Net income 2019 $3,000 Net sales 2019 $5,500 Total assets 12/31/17 $4,700 Total assets 12/31/18 $5,700 Total assets 12/31/19 $6,700 What is M Corporation's asset turnover for 2019? 0.44 times 0.48 times 0.82 times 0.89 times

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