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15-02-2024
Business

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What can you infer from the asset turnover of a company being 12.2x?
A. 12.2% of the company's revenue is invested in fixed assets.
B. Every dollar spent on the company's assets generates $12.20.
C. The asset turnover of a company is 12.2 times.
D. The company has a high turnover rate for its assets.

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