Ally's Company reported the following data: 2018 2019...

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Accounting

Ally's Company reported the following data:

2018 2019
Sales $3,000,000 $4,800,000
Net Income $300,000 $400,000
Assets at year end $1,800,000 $2,500,000
Liabilities at year end $1,200,000 $1,700,000

What is Allys asset turnover for 2019?

1.97

1.92

2.23

2.67

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