Turners store had a profit margin of 68 percent sales of, Ask an Expert

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Turner's Store had a profit margin of 6.8 percent, sales of $898,200, and total assets of $798,000. If management set a goal of increasing the total asset turnover to 1.40 times, what would the new sales figure need to be, assuming no increase in total assets?

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Financial Management, Finance

Category:- Financial Management
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