Question: Dundee Co. reported the following for the current year: Net sales Cost of goods sold Beginning balance of total assets Ending balance of total assets

Dundee Co. reported the following for the current year: Net sales

Dundee Co. reported the following for the current year: Net sales Cost of goods sold Beginning balance of total assets Ending balance of total assets $ 96,900 $ 74,000 $129,000 $ 99,000 Compute total asset turnover. Total Asset Turnover Choose Numerator: 1 Choose Denominator: Total Asset Turnover Total asset turnover 11 times Average total assets Cost of goods sold Net sales

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