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Ratio of sales to assets Food stuff, a supermarket chain, reported the following data in its financial statements for a recent year: Total revenue $8,560,000

Ratio of sales to assets

Food stuff, a supermarket chain, reported the following data in its financial statements for a recent year:

Total revenue $8,560,000

Total assets at end of year $2,730,000

Total assets at beginning of year $2,620,000

Compute the ratio of sales to assets. Round to one decimal place

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