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The balance sheets of Xenon Company reports total assets of $890,000 and $950,000 at the beginning and end of the year, respectively. Sales revenues are
The balance sheets of Xenon Company reports total assets of $890,000 and $950,000 at the beginning and end of the year, respectively. Sales revenues are $1.6 million, net income is $185,000, and net cash flows from operating activities are $155,000. Required: Calculate the cash return on assets, cash flow to sales, and asset turnover. (Round your final answers to 1 decimal place.)
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