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  3. Study Set
    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
  5. Question
    If a Firm Has an Asset Turnover Ratio of 2
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If a Firm Has an Asset Turnover Ratio of 2

Question 101

Question 101

True/False

If a firm has an asset turnover ratio of 2.00,it means that it needs $2 in assets to generate a $1 in sales.

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