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Compute the firms Total Asset Turnover for the most recent fiscal year. Peer Group Average Ratios Liquidity Current Quick Cash Ratio 1/31/2019 1/31/2018 6,5036 ,423 4.292 4,200 2,223 1,718 1.718 22

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Answer #1

Total Asset Turnover(2019) = Sales / Total Assets

= 6,503 / 3,431 = 1.90 times   

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