Question: Question 6 (1 point) During 2022, Sarasota Corp. reported net sales of $2,200,000, net income of $820,000, and depreciation expense of $120,000. Sarasota also reported
Question 6 (1 point) During 2022, Sarasota Corp. reported net sales of $2,200,000, net income of $820,000, and depreciation expense of $120,000. Sarasota also reported beginning total assets of $1,060,000, ending total assets of $1,330,000, plant assets of $510,000, and accumulated depreciation of $600,000. Sarasota's asset turnover is (Round answer to 2 decimal places) 1) 1.65 times. O2) 2.08 times. 3) 0.81 times. 4) 1.84 times
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