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The following financial data were adapted from recent financial statements for Water Source, Inc.: Sales $42,300 Operating assets: Property, plant, and equipment 22,100 Intangibles 7,800
The following financial data were adapted from recent financial statements for Water Source, Inc.: Sales $42,300 Operating assets: Property, plant, and equipment 22,100 Intangibles 7,800 Calculate the asset turnover for Water Source. (Round to two decimal places.) a. 1.41 b. 2.82 c. 2.96 d. 8.26
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