Asset Turnover The ABC Depot reported the following data (in millions) in its recent financial...
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Asset Turnover The ABC Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Sales $76,200 $75,400 Total assets at the end of the year 49,000 52,600 Total assets at the beginning of the year 52,600 63,400 a. Determine the asset tumover for The ABC Depot for Year 2 and Year 1. Round to one decimal place. Year 2: X Year 1
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