MYLAB ACCOUNTING WITH PEARSON ETEXT --
7th Edition
ISBN: 2819120053883
Author: MILLER-NOBLES
Publisher: PEARSON
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Textbook Question
Chapter 9, Problem 9QC
Liberty Corporation reported beginning and ending total assets of $25,000 and $22,000, respectively. Its net sales for the year were $18,800. What was Liberty's asset turnover ratio?
a. 0.7 5
b. 0.85
c. 0.80
d. 1.25
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Chapter 9 Solutions
MYLAB ACCOUNTING WITH PEARSON ETEXT --
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