Ratio of sales to assetsFood stuff, a supermarket chain, reported the following data in its...
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Ratio of sales to assetsFood stuff, a supermarket chain, reported the following data in its financial statements for a recent year: Total revenue $8,560,000 Total assets at end of year $2,730,000 Total assets at beginning of year $2,620,000 Compute the ratio of sales to assets. Round to one decimal place
Food stuff, a supermarket chain, reported the following data in its financial statements for a recent year:
Total revenue $8,560,000
Total assets at end of year $2,730,000
Total assets at beginning of year $2,620,000
Compute the ratio of sales to assets. Round to one decimal place
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