A company reports the following: Net sales ..........$1,200,000 Average total assets..... 750,000 Determine the ratio of net

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A company reports the following:
Net sales ..........$1,200,000
Average total assets..... 750,000
Determine the ratio of net sales to assets.

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Oct 14, 2011 05:30 AM

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A company reports the following: Net sales ..........$1,200,000 Average total assets..... 750,000 Determine the ratio of net

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Financial and Managerial Accounting

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