Financial Accounting: E10-14 During 2008 Nasra Corporation reported net sales of $4,900,000 and net income of

E10-14 During 2008 Nasra Corporation reported net sales of $4,900,000 and net income of

Price: $1.99

E10-14 During 2008 Nasra Corporation reported net sales of $4,900,000 and net income of

$1,500,000. Its balance sheet reported average total assets of $1,400,000

Instructions

Calculate the asset turnover ratio.

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