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Business, 10.10.2019 16:30 russboys3

The fiscal 2016 financial statements for walgreens boots alliance, inc., report net sales of $117,351 million, net operating profit after tax of $4,687 million, net operating assets of $39,502 million. the 2015 balance sheet reports net operating assets of $42,683 million. walgreen's 2016 net operating asset turnover is:

(a) 11.5%
(b) 2.86
(c) 13.3%
(d) 2.97
(e) there is not enough information to calculate the ratio.

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Answers: 3

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The fiscal 2016 financial statements for walgreens boots alliance, inc., report net sales of $117,35...

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