Hansen Corporation had net income for the year of $200,000 and a profit margin of 25%. If total average assets were $400,000, the asset turnover ratio was ____________ times.

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The Answer of Hansen Corporation had net income for the year of $200,000 and a profit margin of 25%. If total average assets were $400,000, the asset turnover ratio was ____________ times.

Hansen Corporation Had Net Income for the Year of $200,000