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Economics

Question: The total assets at the beginning of the year for company XYZ was $60,000 and total liabilities of $40,000. During the year the business recorded $100,000 in revenues, $55,000 in expenses, and dividends of $10,000. Calculate the total asset turnover ratio of XYZ.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M93125329

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