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What is the dollar value of total assets given the following information: - Inventory $100,000 - Inventory turns 5 per year - Debt to asset

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What is the dollar value of total assets given the following information: - Inventory $100,000 - Inventory turns 5 per year - Debt to asset ratio =40% - Return on equity =8% - Return on Sales =3%. (Hint: use the ratios in this order: turns return on sales return on equity > debt to asset ratio. In this example, debt = assets = equity)

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