Multiple Choice
Fireworks City
Information for 2020 and 2019 is presented below for this company which uses the straight-line depreciation method. 
-Refer to Fireworks City. Determine the asset turnover ratio for 2020.
A) 7.84 times
B) 1.60 times
C) 4.00 times
D) 4.55 times
Correct Answer:
Verified
Correct Answer:
Verified
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