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Knowledge Check 01 Relevant financial information for Gordon, Inc. and Jordan, Inc. for the current year is provided below. ($ in millions) Net sales Net income Total assets, beginning Total assets, ending Gordon, Inc. $3,280 118 1,420 1,600 Jordan, Inc. $6,540 132 2,230 2,020 Based on these data, which of the following is a correct conclusion? Multiple Choice Asset Turnover is 0.5 times for Gordon and 0.3 times for Jordan. Thus, Gordon generates more sales per dollar of assets than does Jordan. Asset Turnover is 0.5 times for Gordon and 0.3 times for Jordan. Thus, Jordan generates more sales per dollar of assets than does Gordon. Asset Turnover is 2.2 times for Gordon and 3.1 times for Jordan. Thus, Gordon generates more sales per dollar of assets than does Jordan. Asset Turnover is 2.2 times for Gordon and 3.1 times for Jordan. Thus, Jordan generates more sales per dollar of assets than does Gordon