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A firm with total liabilities and owners’ equity of $100,000 and net sales of $50,000 would have a total asset turnover of

A firm with total liabilities and owners’ equity of $100,000 and net sales of $50,000 would have a total asset turnover of
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A firm with total liabilities and owners’ equity of $100,000 and net sales of $50,000 would have a total asset turnover of

asked
User Akro
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1 Answer

1 vote

Answer:

= 50000 / 100000 * 100

= 0.50

Step-by-step explanation:

answered
User GarethPrice
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