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QUESTION
Trentham Products currently has $2000000 in accounts receivable and its day sales outstanding (DSO) is 35 days.
Trentham Products currently has $2000000 in accounts receivable and its day sales outstanding (DSO) is 35 days. If accounts receivable comprises half of the firm's current assets and Trentham has $6000000 in net fixed assets, what is Trentham's total asset turnover ratio?
