Question: 5 pts Question 2 Here are data regarding Mantis Corporation's current year results: Average total assets $600,000 Average inventory balance $162,000 Gross margin percentage 40%
5 pts Question 2 Here are data regarding Mantis Corporation's current year results: Average total assets $600,000 Average inventory balance $162,000 Gross margin percentage 40% Inventory turnover 4.0 Accounts receivable turnover 9.5 What is Mantis' total asset turnover? Round to one decimal point. 1.10 1.80 1.30 O 1.20 None of the above
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