natebarr17
natebarr17
27.05.2021 • 
Business

The balance sheet of ABC reports total assets of $350,000 and $450,000 at the beginning and end of the year, respectively. Sales revenues are $800,000, net income is $100,000, and net cash flows from operating activities are $150,000. What is ABC's asset turnover (how many times, round to one decimal place)?

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