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For 2017, Walrus Company Reported Net Revenues, Average Total Assets

Question 71

Multiple Choice

For 2017, Walrus Company reported net revenues, average total assets, and net income of $180,000, $24,000, and $100,000 respectively.Walrus Company's asset turnover ratio for 2017 was


A) 1.8.
B) 3.8.
C) 7.5.
D) 8.0.

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