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The following financial statement data are for the year ending December 31 for Aero Company: $600,000 Sales Total assets: Beginning of year End of year

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The following financial statement data are for the year ending December 31 for Aero Company: $600,000 Sales Total assets: Beginning of year End of year 380,000 420,000 What is the asset turnover ratio for the year? O a. 1.50 O b. 1.43 O c. 1.33 O d. 1.58

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