Blue Inc. provides the following information: Net sales $847000 Cost of goods sold 510000 Current assets...
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Blue Inc. provides the following information: Net sales $847000 Cost of goods sold 510000 Current assets 529000 Current liabilities 234000 Total assets, 2022 1120000 Total assets, 2023 923000 Non-Current liabilities 358000 Net income 157000 Calculate the asset turnover ratio of Blue Inc. Blue Inc. provides the following information: Net sales $847000 Cost of goods sold 510000 Current assets 529000 Current liabilities 234000 Total assets, 2022 1120000 Total assets, 2023 923000 Non-Current liabilities 358000 Net income 157000 Calculate the asset turnover ratio of Blue Inc.
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