The following data are from annual reports of Jen's Jewelry Company. 2012 2011 2010 Total assets...

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The following data are from annual reports of Jen's Jewelry Company. 2012 2011 2010 Total assets Total liabilities $60,800 $53,700 $40,900 14,100 11,900 5,300 Total stockholders' equity 46,700 41,800 35,600 Sales revenue 163,600 150,600 131,900 Net income 50,100 40,200 24,200 Compute Jen's total asset turnover ratio for 2012 and 2011. The following data are from annual reports of Jen's Jewelry Company. 2012 2011 2010 Total assets Total liabilities $60,800 $53,700 $40,900 14,100 11,900 5,300 Total stockholders' equity 46,700 41,800 35,600 Sales revenue 163,600 150,600 131,900 Net income 50,100 40,200 24,200 Compute Jen's total asset turnover ratio for 2012 and 2011.

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The total asset turnover ratio is a financial metric that measures how efficiently a company ... View the full answer