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Use the following financial information to calculate the asset turnover ratio. b. 0.7619 c. 0.3125 d. 0.5529 Use the following financial information to calculate the
Use the following financial information to calculate the asset turnover ratio Income from o erations Value of un aid labor and mana ement Averaze total assets Interest ex ense Avera e totale ui Gross revenue Current assets Current liabilities Total liabilities-end of ear Total assets-end of ear Total net worth-end Of ear Total nonfarni income Depreciation ex ense Total inconie tax eX 'ense Scheduled Pin. and a expenses . on terni loans S100.ooo S42.ooo ssso.ooo $20.000 S600.ooo S470.ooo S250.ooo S150.ooo S250.ooo s I .050.ooo ssoo.ooo sgo.ooo sc,o.ooo S22.ooo S?0.ooo S.R 70.000
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