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What is the company asset turnover

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Reference no: EM133124289

Question - Use the following information to answer this question. A company has total assets of $5,040, sales of $10,080, and net income of $1,008. What is the company's asset turnover?

a. 1.5 times

b. 2.0 times

c. 2.9 times

d. 3.0 times

e. 3.9 times

Reference no: EM133124289

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