A company has sales of 500000 cost of goods sold of 100000


A company has sales of $500,000, cost of goods sold of $100,000, operating expenses of $100,000, average inventory of $8,000, average accounts receivable of $10,000, and average total assets of $35,000, what is its total asset turnover.

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Accounting Basics: A company has sales of 500000 cost of goods sold of 100000
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