If sales are $475, beginning assets are $420, and ending assets are $480, what is the asset

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If sales are $475, beginning assets are $420, and ending assets are $480, what is the ratio?

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.

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Managerial Accounting A Focus on Ethical Decision Making

Managerial Accounting A Focus on Ethical Decision Making

ISBN: 978-0324663853

5th edition

Authors: Steve Jackson, Roby Sawyers, Greg Jenkins

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Question Posted: Jul 15, 2015 08:14 AM

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