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Business, 13.12.2019 22:31 mduncan840

Asset turnover calculations:
a. communicate information about how promptly the entity pays its bills.
b. are made by dividing the average asset balance during the year by the sales for the year.
c. are made by dividing sales for the year by the asset balance at the end of the year.
d. should be evaluated by observing the turnover trend over a period of time.

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