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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Illusions, Inc. has net sales of $980,000, net income of $72,000, average current assets of $42,000, average fixed assets of $168,000, and average total assets of $210,000. Illusions, Inc.'s total asset turnover ratio is:
A) 0.21.
B) 4.67.
C) 5.83.
D) 23.33.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Amazing, that's all I can say
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