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The following selected information relates to Klemmer Inc. for the year ended December 31, 20x3: Sales Interest expense Net income before taxes Net income Total

The following selected information relates to Klemmer Inc. for the year ended December 31, 20x3: Sales Interest expense Net income before taxes Net income Total Assets - January 1, 20x3 Total Assets - December 31, 20x3 Total Shareholders' Equity - January 1, 20x3 Total Shareholders' Equity - December 31, 20x3 $1280869 43000 258066 223658 2317518 2757488 1266473 1344201 What is the asset turnover for 20x3? Select one: a. 0.553 O b. 0.505 c. 0.465 d. 0.981 Check

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