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Net Sales Are $2,700,000, Beginning Total Assets Are $750,000, and the Asset

Question 93

Multiple Choice

Net sales are $2,700,000, beginning total assets are $750,000, and the asset turnover is 3.0.What is the ending total assets?

A) $600,000
B) $900,000
C) $1,050,000
D) $1,125,000

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