Price printing co had sales of 10 million operating income, Finance Basics

Price printing co had sales of 10 million operating income

Question: Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $3 million. What is Price Printing Company's asset turnover?

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Finance Basics: Price printing co had sales of 10 million operating income

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Finance Basics: Price printing co had sales of 10 million operating income

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