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View Full Version : A company reports sales revenue of $200 million the current year and $180 million


missfitness
Feb 22, 2012, 10:15 PM
13. A company reports sales revenue of $200 million the current year and $180 million last year. Their total assets in the current year are $150 million and last year's total assets were $130 million. What is the current year's asset turnover ratio?
A. 1.48
B. 1.33
C. 1.36
D. 1.43