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same question had to scroll Pizza, Inc. provides the following data: 2019 2018 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory

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Pizza, Inc. provides the following data: 2019 2018 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Property, Plant, and Equipment, Net Total Assets $31,000 $25,000 38,000 62,000 59,000 50,000 $128,000 137,000 $120,000 120,000 $248,000 $257,000 For the year ending December 31, 2019: Net Credit Sales $540,000 A. 0.69 times B. 1.07 times C. 2.14 times OD. 4.22 times Click to select your answer. is Question: 2 pts VURUVI. Cash and Cash Equivalents $31,000 $25,000 Accounts Receivable, Net 38,000 62,000 Merchandise Inventory 59,000 50,000 Total Current Assets $128,000 137,000 Property, Plant, and Equipment, Net $120,000 120,000 Total Assets $248,000 $257,000 For the year ending December 31, 2019: Net Credit Sales $540,000 Cost of Goods Sold (170,000) Gross Profit $370,000 Calculate the asset turnover ratio for 2019. There are no cash sales. (Round your answer to two decimal places.) A. 0.69 times OB. 1.07 times OC. 2.14 times OD. 4.22 times Click to select your answer esc

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