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Dodgers Company's Beginning and Ending Total Assets in the Year

Question 62

Multiple Choice

Dodgers Company's beginning and ending total assets in the year 2019 were $19,700,000 and $22,300,000,respectively.Its asset turnover ratio for the year was calculated to be 1.9 times.Calculate the amount of net sales for the year 2019.


A) $25,940,000
B) $43,300,000
C) $39,900,000
D) $57,500,000

Correct Answer:

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