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The Miller Company reported gross sales of $820,000, sales returns and allowances of $6.300 and sales discounts of $6,300. The company has average total assets

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The Miller Company reported gross sales of $820,000, sales returns and allowances of $6.300 and sales discounts of $6,300. The company has average total assets of $470,000, of which $235.000 is property, plant, and equipment. What is the company's asset turnover ratio? Multiple Choice 1.74 times

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