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The following information pertains to Diane Company. Assume that all balance sheet amounts represent both this information to answer the question that follow. all sales

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The following information pertains to Diane Company. Assume that all balance sheet amounts represent both this information to answer the question that follow. all sales were on credit. Use Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Totales $30.000 20,000 15,000 185.000 $250,000 tubdities and Stockholders' Equity Current a ins Long-term ubilities Stockholders' Common Totalabilmes and stockholders' equity $ 45,000 20,000 Cost of Good old Cross margin Operating expenses $85,000 45,000 540.000 (15,000 15.000 20.000 Net income amber of shares of common stock out Market price of common stock Tolvana Cost of goods sold Gross margin Operating expenses Interest expenses Net income $85,000 45,000 $40,000 (15,000) (5,000) $20,000 6,000 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations $9,000 $30,000 Using the data provided for Diane Company, what is the asset turnover? Oa. 0.34 Ob. 1.00 Oc: 0.18 Od. 2.94

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