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undefined Biagas, Inc. had net sales of $55,600,000 for the year ended May 31,...

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Accounting

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Biagas, Inc. had net sales of $55,600,000 for the year ended May 31, 2024. Its beginning and ending total assets were $52,800,000 and $98,500,000, respectively. Determine Biagas's asset turnover ratio for year ended May 31, 2024. (Round the asset turnover ratio to two decimal places, X.XX.) Net sales Average total assets Asset turnover ratio

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