Question: Biagas Inc had net sales of 50 200 000 for the
Biagas, Inc. had net sales of $ 50,200,000 for the year ended May 31, 2014. Its beginning and ending total assets were $ 51,200,000 and $ 88,300,000, respectively. Determine Biagas’ asset turnover ratio for year ended May 31, 2014.
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