A company reports the following: Sales $4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the ratio

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A company reports the following:

Sales $4,400,000
Average total assets (excluding long-term investments) 2,000,000

Determine the ratio of sales to assets.

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Related Book For answer-question

Financial Accounting

ISBN: 978-1305088436

14th edition

Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac

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Question Posted: May 29, 2023 06:21 AM

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A company reports the following: Sales $4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the ratio

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To determine the ratio of sales to assets divide the sale...View the full answer

Financial Accounting

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