In a recent annual report, Target (USA) reported beginning total assets of $48.2 billion; ending total assets

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In a recent annual report, Target (USA) reported beginning total assets of $48.2 billion; ending total assets of $44.6 billion; and net sales of $72.6 billion. Compute Target’s asset turnover.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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