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Question(s) / Instruction(s):

Selected current year company information follows:

  Net income                          $ 15,953 

  Net sales                                712,855 

  Total liabilities, beginning-year   83,932 

  Total liabilities, end-of-year     103,201 

  Total stockholders\\\' equity, beginning-year               198,935 

  Total stockholders\\\' equity, end-of-year                                    121,851 

The total asset turnover is: (rounded to two decimals)

A.            4.67 times

B.            3.64 times

C.            2.81 times

D.            6.28 times

E.            2.24 times

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