Question 5 In its recent annual report, Campbell Soup Company reports beginning-of-the-year total assets of...
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Accounting
Question 5
In its recent annual report, Campbell Soup Company reports beginning-of-the-year total assets of $13,148 million, end-of-the-year total assets of $12,372 million, total sales of $8,691 million, and net income of $1,628 million.
(a)
Compute Campbell's asset turnover. (Round answer to 4 decimal places, e.g. 4.8726.)
Asset turnover
enter the asset turnover in times rounded to 4 decimal places
times
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