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Raegan's Tennis Supply had a Return on Equity of 12%. The firm had a Debt-Asset ratio of 75%. The firm had Net Income of $200,000
Raegan's Tennis Supply had a Return on Equity of 12%. The firm had a Debt-Asset ratio of 75%. The firm had Net Income of $200,000 on Sales of $1,000,000. What was their Total Asset Turnover?
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