For 2023, Wilson Manufacturing reports beginning of the year total assets of $1,200,000, end of the year total assets of $1,600,000, net sales of $1,960,000, and net income of $280,000. Wilson's 2023 asset turnover ratio is a. 1.23 times. b. 1.40 times. c. 1.63 times. d. 1.75 times.
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