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Business, 21.03.2020 02:03 neverender098

A company had net sales of $230,000 for Year 1 and $288,000 for Year 2. The company's average total assets for Year 1 were $150,000 and $180,000 for Year 2. Calculate the total asset turnover for each year and comment on the company's efficiency in the use of its assets.

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A company had net sales of $230,000 for Year 1 and $288,000 for Year 2. The company's average total...

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