Question
2022 2021 Net sales $4,750.0 $5,500.6 Cost of goods sold 3,400.4 3,900.8 Net income 65.1 150.5 Accounts receivable 75.1 107.7 Inventory 1,150.0 1,250.0 Total assets
2022 2021 Net sales $4,750.0 $5,500.6 Cost of goods sold 3,400.4 3,900.8 Net income 65.1 150.5 Accounts receivable 75.1 107.7 Inventory 1,150.0 1,250.0 Total assets 2,950.1 3,250.1 Total common stockholders equity 900.2 1,130.8 Compute the following ratios for 2022. i need help with the asset turnover please?
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Principles Of Accounting
Authors: Steven M. Bragg
1st Edition
1642210773, 978-1642210774
