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x Y Inc. operates in heavy machinery industry. In year 2 0 2 1 , its Total Asset Turnover is 1 . 7 1 times,

xY Inc. operates in heavy machinery industry. In year 2021, its Total Asset Turnover is 1.71 times, and its industry mean Total Asset Turnover is 1.62, this
suggests that xY is more efficient in its asset management.
True or False
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