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The following financial data is given for TIX Company. TIX Company Net Sales Total Assets Net Income Gross Profit December 31, 2020 December 31, 2019
The following financial data is given for TIX Company. TIX Company Net Sales Total Assets Net Income Gross Profit December 31, 2020 December 31, 2019 $2,500,000 $2,250,000 $4,700,000 $4,200,000 $310,000 $300,000 $1,000,000 $900,000 Based on the information provided, calculate the Asset Turnover for 2020. O 1.78 0.53 0.56 O 0.86
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