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Shutter Bee Photo reported the following figures on its December 31, 2024, income statement and balance sheet: EB (Click the icon to view the figures.)
Shutter Bee Photo reported the following figures on its December 31, 2024, income statement and balance sheet: 
Data table Net sales Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Property, Plant, and Equipment, net Print $ 545,000 Dec. 31, 2024 Dec. 31, 2023 $ 32,000 $ 22,000 32,000 63,000 69,000 76,000 5,000 7,000 190,000 19,000 Done X Shutter Bee Photo reported the following figures on its December 31, 2024, income statement and balance sheet: (Click the icon to view the figures.) Compute the asset turnover ratio for 2024. Round to two decimal places. Goo Asset turnover ratio EB (Click the icon to view the figures.)
Compute the asset turnover ratio for 2024. Round to two decimal places.
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
