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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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