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Bountiful Company had sales of $650,000 and cost of goods sold of $200,000 during a...

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Accounting

Bountiful Company had sales of $650,000 and cost of goods sold of $200,000 during a year. Total assets at the beginning of the year were $175,000 and at the end of the year were $167,000. The asset turnover ratio is

a.3.80

b.0.29

c.3.00

d.0.26

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