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Using the information shown, what is the asset turnover ratio? Net Income $500,500 Net Sales $379,000 Current Assets $750,000 Current Libabilities $212,000 Average Assets $875,000
Using the information shown, what is the asset turnover ratio?
| Net Income | $500,500 |
| Net Sales | $379,000 |
| Current Assets | $750,000 |
| Current Libabilities | $212,000 |
| Average Assets | $875,000 |
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Financial Accounting Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
1111464936, 978-1111464936
