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  • Feb 22, 2012, 10:15 PM
    missfitness
    A company reports sales revenue of $200 million the current year and $180 million
    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

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