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You have the following information about an agribusiness farm: Asset turnover ratio = 0 . 6 5 Average total assets = $ 6 0 6

You have the following information about an agribusiness farm:
Asset turnover ratio =0.65
Average total assets =$606,500
Depreciation expense ratio =0.15 or 15%
Operating expenses =$246,000
Find the operating expense ratio given the information above.
0.36
0.47
0.52
0.69
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