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Westport Company reports the following in millions: net sales of $25,300 for 2016 and $22,640 for 2015; end-of-year total assets of $14,875 for 2016 and $13,680 for 2015. Compute its total asset turnover for 2016 and assess its level if competitors average a total asset turnover of 2.0 times.
Reaction
A process in which substances interact, resulting in the formation of new substances with different physical and chemical properties.
Organic Chemistry
The branch of chemistry devoted to the study, understanding, and manipulation of carbon-containing compounds.
Major Organic Product
The primary product formed in the highest yield during an organic chemical reaction, determined by the reaction conditions and mechanism.
Reaction
A conversion process in which initial substances or reactants are turned into a different set of substances, known as products.
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