Question: Asset Turnover Financial statement data for the years ending December 31, 20Y3 and 2012, for Linstrum Company follow: 20Y3 2012 Sales $2,310,000 $2,278,000 Total assets:

Asset Turnover Financial statement data for the years ending December 31, 20Y3 and 2012, for Linstrum Company follow: 20Y3 2012 Sales $2,310,000 $2,278,000 Total assets: Beginning of year 680,000 660,000 End of year 680,000 a. Determine the asset turnover for 2013 and 2072. Round your answers to one decimal place. 2013 2012 720,000 Asset turnover

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