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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Roggers Corp.'s beginning and ending total assets in the year 2017 were $18,000,000 and $22,000,000, respectively. Its asset turnover ratio for the year was calculated to be 1.75 times. Calculate the amount of net sales for the year 2017.
A) $42,000,000
B) $48,000,000
C) $27,000,000
D) $35,000,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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#3
5 years ago
thank you!
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