A company reports the following: Sales $1,800,000 Average total...
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Accounting
A company reports the following:
Sales | $1,800,000 |
Average total assets (excluding long-term investments) | 1,125,000 |
Determine the Ratio that measures how effectively a company uses its assets, computed as sales divided by average total assets.ratio of sales to assets. Round your answer to one decimal place.
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