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Carducci Corporation Reported Net Sales of $3

Question 157

Multiple Choice

Carducci Corporation reported Net Sales of $3.6 million and average Total Assets of $1.1 million. The total asset turnover is:

A) 0.31 times.
B) 3.27 times.
C) 4.30 times.
D) 2.27 times.
E) 0.77 times.

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