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    Fundamental Accounting Principles Study Set 5
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    Exam 10: Long-Term Assets
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    Dart Had Net Sales of $35,404 Million
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Dart Had Net Sales of $35,404 Million

Question 18

Question 18

Multiple Choice

Dart had net sales of $35,404 million. Its average total assets for the period were $14,502 million. Dart's total asset turnover equals:


A) 0.40.
B) 0.35.
C) 1.45.
D) 2.44.
E) 3.50.

Correct Answer:

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