Question: Using the following data for Larkspur, Inc., compute its asset turnover. (Round answer to 2 decimal places, e.g. 0.75.) Larkspur, Inc. Net Income 2021

Using the following data for Larkspur, Inc., compute its asset turnover. (Round

Using the following data for Larkspur, Inc., compute its asset turnover. (Round answer to 2 decimal places, e.g. 0.75.) Larkspur, Inc. Net Income 2021 $120,000 Total Assets 12/31/21 2,425,000 Total Assets 12/31/20 1,875,000 Net Sales 2021 2,107,000 Asset Turnover times

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