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A Company Reports the Following  Sales $2,400,000 Average total assets (excluding long-term investments) 1,500,000\begin{array} { l r } \text { Sales } & \$ 2,400,000 \\\text { Average total assets (excluding long-term investments) } & 1,500,000\end{array}

question 53

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A company reports the following:  Sales $2,400,000 Average total assets (excluding long-term investments) 1,500,000\begin{array} { l r } \text { Sales } & \$ 2,400,000 \\\text { Average total assets (excluding long-term investments) } & 1,500,000\end{array}
Determine the asset turnover ratio. Round your answer to one decimal place.


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Hypertension

A chronic medical condition in which the blood pressure in the arteries is persistently elevated, increasing the risk of heart, brain, kidney, and other diseases.

Decreased Immune Functioning

A reduction in the efficiency or efficacy of the immune system's ability to fight infections and diseases.

Stress Response

The body's way of reacting to stress, involving various physiological changes such as increased heart rate and heightened senses to prepare for a "fight or flight" response.

Emotion of Fear

A primal response to potential threats, characterized by increased heart rate, adrenaline release, and heightened alertness, serving both protective and motivational roles.

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