Company total asset turnover equals
A company had average total assets of $897,000. Its gross sales were $1,090,000 and its net sales were $1,000,000. The company's total asset turnover equals: 1. 0.82.
2. 0.90.
3. 1.09.
4. 1.11.
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A company had average total assets of $897,000. Its gross sales were $1,090,000 and its net sales were $1,000,000. The company's total asset turnover equals:
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