What is Froelich asset turnover

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Question - Froelich Company reported the following data:

 

2014

2015

Sale

$3,000,000

$4,200,000

Net Income

$300,000

$400,000

Assets at year-end

1,800,000

2,500,000

Liabilities at year end

1,100,000

1,500,000

Required - What is Froelich's asset turnover in 2015?

Reference no: EM133076767

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