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Which of the following changes would result in the TOTAL ASSET TURNOVER ratio declining by approximately 15%? Sales +8%; Assets +7% Sales +5%; Assets +10%

Which of the following changes would result in the TOTAL ASSET TURNOVER ratio declining by approximately 15%?

Sales +8%; Assets +7%

Sales +5%; Assets +10%

Assets +10%; Sales -5%

Assets -15%; Sales 0%

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