Quickbooks Online Accounting
3rd Edition
ISBN: 9780357391693
Author: Owen
Publisher: Cengage
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Savannah Construction reported beginning total assets of $1,100,000 and ending total assets of $1,200,000 for 2020. Its net income for this period was $520,000, and its net sales were $3,000,000. Compute the company's asset turnover for 2020.
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