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Selected Current Year Company Information Follows: Total Shareholders' Equity, Beginning-Year

Question 104

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Selected current year company information follows: Total shareholders' equity, beginning-year.. 198,935
Selected current year company information follows: Total shareholders' equity, beginning-year.. 198,935   Total shareholders' equity, end-of-year…… 121,851 The total asset turnover is: A)  2.24 times B)  2.81 times C)  3.64 times D)  4.67 times E)  6.28 times Total shareholders' equity, end-of-year…… 121,851
The total asset turnover is:


A) 2.24 times
B) 2.81 times
C) 3.64 times
D) 4.67 times
E) 6.28 times

Correct Answer:

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