A company reports the following: Sales $1,800,000 Average total assets (excluding long-term investments) 1,125,000 Determine the ratio

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A company reports the following:

Sales $1,800,000
Average total assets (excluding long-term investments) 1,125,000

Determine the ratio of sales to assets.

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Financial Accounting

ISBN: 978-1305088436

14th edition

Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac

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Question Posted: May 29, 2023 06:19 AM

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A company reports the following: Sales $1,800,000 Average total assets (excluding long-term investments) 1,125,000 Determine the ratio

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To determine the ratio of sales to assets you can calculate the salestoassets ratio by dividing the sales ...View the full answer

Financial Accounting

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