If the asset turnover ratio is 1.30, this means that ________. If the...

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Accounting

If the asset turnover ratio is 1.30, this means that ________.

image If the asset turnover ratio is 1.30 , this means that A. the company has $1.30 invested in assets for each dollar of net sales B. the company is producing $0.30 of net sales revenue for each dollar C. the company is producing $1.30 of net sales revenue for each dollar D. the company has $0.30 invested in assets for each dollar of net sales

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