Question: Please provide the solution to this general accounting question with accurate financial calculations. In 2022, a company reported sales revenue of $200 and net income

Please provide the solution to this general accounting question with accurate financial calculations.

In 2022, a company reported sales revenue of $200 and net income of $20. Balance sheet data: On 1/1/22: > Current Assets = $30 o Long-Term Assets = $90 On 12/31/22: > Current Assets = $36 o Long-Term Assets = $104 Compute the asset turnover ratio as of 12/31/22

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