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The Pilfet Company has been in business for five years. This year they reported net sales of $540,000. The beginning total assets for the company
The Pilfet Company has been in business for five years. This year they reported net sales of $540,000. The beginning total assets for the company were $240,000, and the ending total assets were $360,000. The net income stated by Pilfet was $80,000. The companys asset turnover is__________________________
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