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Business, 30.09.2019 22:00 zarrialamons16

seidner, inc. provides the following data: 2017 2016assetscurrent assets: cash and cash equivalents $40,000 $25,000accounts receivable, net 37,000 62,000merchandise inventory 60,000 50,000total current assets $137,000 137,000property, plant, and equipment, net $121,000 120,000total assets $258,000 $257,000net credit sales $550,000cost of goods sold (155,000 )gross profit $395,000calculate the asset turnover ratio for 2017. (round your answer to two decimal places.)

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seidner, inc. provides the following data: 2017 2016assetscurrent assets: cash and cash equivalents...

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