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What is Harper asset turnover ratio for the year

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Reference no: EM133120840

Question - For the fiscal year that just ended, Harper Industries reported the following values:

Total assets (beginning of year} $800,000

Total assets (end of year) 1,200,000

Net sales 750,000

Net income 150,000

Given these values, what is Harper's asset turnover ratio for the year?

Reference no: EM133120840

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