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In 2012, company AlphaBites generated a total revenue of $125,000 with $500,000 of total assets on the company's financial statements. The total overall expense for the fiscal year was recorded as $88,500. What was the asset turnover for this firm?

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In 2012, company AlphaBites generated a total revenue of $125,000 with $500,000 of total assets on the company's financial statements. The total overall expense for the fiscal year was recorded as $88,500. What was the asset turnover for this firm?






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