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Ryngard Corp's sales last year were $32,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.63 b. 3.43

Ryngard Corp's sales last year were $32,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)?

a.

2.63

b.

3.43

c.

2.00

d.

0.50

e.

2.41

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