Right Company reported beginning and ending total assets of $36,000 and $30,000, respectively. Its net sales revenue for the year were $26,070. What was Right's asset turnover ratio? OA. 0.87 OB. 1.27 OC. 0.79 OD. 0.72

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Right Company reported beginning and ending total assets of $36,000 and $30,000, respectively. Its net sales
revenue for the year were $26,070. What was Right's asset turnover ratio?
A. 0.87
OB. 1.27
OC. 0.79
OD. 0.72
Transcribed Image Text:Right Company reported beginning and ending total assets of $36,000 and $30,000, respectively. Its net sales revenue for the year were $26,070. What was Right's asset turnover ratio? A. 0.87 OB. 1.27 OC. 0.79 OD. 0.72
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