Question: what the correct answer? Using the following data for Renfro Company compute its asset turnover for 2017. Net Income 2017 $ 23,000 Total Assets 12/31/17
what the correct answer?

Using the following data for Renfro Company compute its asset turnover for 2017. Net Income 2017 $ 23,000 Total Assets 12/31/17 2,443,000 Total Assets 12/31/16 1,827,000 Net Sales 2017 2,135,000 ( Note: write your answer as a number only, with no commas or dollar signs. If your answer is 5 times, write it as 5)
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