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Use the following selected balance sheet and income statement information for Stevens Co. to compute asset turnover, to the nearest hundredth of a percent. Earnings

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Use the following selected balance sheet and income statement information for Stevens Co. to compute asset turnover, to the nearest hundredth of a percent. Earnings without Operating profit interest expense before tax (EWI) Average total assets Sales Tax rate on operating profit 35% $120,000 $192,500 $653,000 $1,250,000 Select one: A. 1.34 B. 1.91 C. 0.29 D. 0.52

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