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Question 9 The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and

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Question 9 The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and required rate of return, 12%. Calculate the asset turnover to two decimal places. 1.25 times 1.50 times 6.67 times O 8.75 times

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