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Find what is the ending total asset balance

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Question 1: Net sales are $3,000,000, beginning total assets are $1,400,000, and the asset turnover is 2.5 times. What is the ending total asset balance?

Option a. $1,200,000

Option b. $1,000,000

Option c. $1,400,000

Option d. $1,600,000

Reference no: EM132540512

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