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XYZ Inc has the following for 2015: Net income = $15,953 Net sales-$712,855 Total liabilities, beginning-year-$83,932 Total liabilities, end-of-year Total stockholders' equity, beginning-year $198,935 Total
XYZ Inc has the following for 2015: Net income = $15,953 Net sales-$712,855 Total liabilities, beginning-year-$83,932 Total liabilities, end-of-year Total stockholders' equity, beginning-year $198,935 Total stockholders' equity, end-of-year$121,851 The total asset turnover is: 4103,201 2.24 times 2.81 times 3.64 times 4.67 times 6.28 times
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