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X Calculate the asset turnover if net sales were $25,000,000 and assets for year 1 is $15,000,000 and the assets for year 2 is $18,000,000.

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X Calculate the asset turnover if net sales were $25,000,000 and assets for year 1 is $15,000,000 and the assets for year 2 is $18,000,000. XL On 30 September, a singer sells $11,000,000 in tickets for five concerts. Record the transaction. XI. On 15 December, the singer performs a concert. Record the transaction (assume the concert = 1/5 of total sales) XII. On 8 August Vac-Tak purchases pencils (as merchandise) from Jones Co., on account for $13,000. Record the transaction from Vac-Tak's perspective

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