Question: During 2 0 2 1 , Marigold Corporation reported net sales of $ 3 0 0 0 0 0 0 . net income of $

During 2021, Marigold Corporation reported net sales of $3000000. net income of $1203000, and depreciation expense of $99900. Marigold also reported beginning total assets of $1000000. ending total assets of $1500000, plant assets of $799000, and accumulated depreciation of $512000. Marigold's asset turnover is
2.00 times.
2.40 times.
0.96 times.
3.00 times.
During 2 0 2 1 , Marigold Corporation reported

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