A companys sales in the year ended 31 March 2011 were 948,200 and its operating profit 182,750.
Question:
A company’s sales in the year ended 31 March 2011 were £948,200 and its operating profit £182,750. Its assets and liabilities at the year-end were as stated on the right. Which of the following is the correct calculation of the asset turnover and current asset turnover?
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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