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Requirements: - Given the data from a balance sheet and income statement: Total Revenue: $7,000,000 Total Assets: $14,000,000 - Compute the asset turnover ratio. -

Requirements: - Given the data from a balance sheet and income statement:

Total Revenue: $7,000,000
Total Assets: $14,000,000 - Compute the asset turnover ratio. - Express the asset turnover ratio as a numerical value. - Provide the calculated asset turnover ratio. -

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