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Author Question: Kitty-Lion Company has net sales of $960,000, net income of $75,000, average current assets of ... (Read 57 times)

vinney12

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on: Feb 19, 2020
Kitty-Lion Company has net sales of $960,000, net income of $75,000, average current assets of $45,000, average fixed assets of $168,000, and average total assets of $210,000. What is Kitty-Lion's total asset turnover ratio? (Round your final answer to two decimal places.)
◦ 5.71
◦ 12.80
◦ 4.57
◦ 0.22
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by vinney12 on Feb 19, 2020

shewald78

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vinney12

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Reply 2 on: Feb 19, 2020
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
Excellent

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