For 2020, Ore Company reported beginning total assets of $247,000 and ending toatl assets of...

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Accounting

For 2020, Ore Company reported beginning total assets of $247,000 and ending toatl assets of $353,000. Its net income for this period was $57,000 and its net sales were $345,000. Compute the companys asset turnover for 2022 (round answer to 2 decimal places)

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