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Current Attempt in Progress During 2022, Concord Corporation reported net sale of $3,701,100 and...

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Accounting

Current Attempt in Progress
During 2022, Concord Corporation reported net sale of $3,701,100 and net income of $1,430,000. Its balance sheet reported average total assets of $1,690,000.
Calculate the asset turnover. (Round answer to 2 decimal places, e.g.1.25.)
Asset turnover times
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