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  3. xyz corporation reported net income of $2,700,000

XYZ Corporation reported net income of $2,700,000 for the year. The beginning total assets were...

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Accounting

XYZ Corporation reported net income of $2,700,000 for the year. The beginning total assets were $17,500,000 and the ending total assets were $19,000,000. Net sales for the year were $21,000,000.Calculate Asset turnover and Return on Assets.

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