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Tina s company has had low net sales for this year. However, the total asset amounts for the company have been significantly higher than usual.
Tinas company has had low net sales for this year. However, the total asset amounts for the company have been significantly higher than usual. What impact will this have on asset turnover?
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There is not enough information to determine the impact on asset turnover.
The asset turnover will be low.
The asset turnover will be high.
The asset turnover is not impacted by net sales.
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