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    Fundamental Accounting Principles Study Set 5
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    Exam 10: Long-Term Assets
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    Cowers Reported Net Sales of $2,463 Million and Average Total
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Cowers Reported Net Sales of $2,463 Million and Average Total

Question 98

Question 98

True/False

Cowers reported net sales of $2,463 million and average total assets of $1,546 million. Its total asset turnover equals 1.59.

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