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Aneko company reports the following

28/04/2021 Client: asad8949eF Deadline: 2 Day

Aneko Company reports the following ($000s): net sales of $14,800 for 2017 and $13,990 for 2016; end-of-year total assets of $19,100 for 2017 and $17,900 for 2016. Compute its total asset turnover for 2017, and assess its level if competitors average a total asset turnover of 2.0 times.

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