Question
A company has a current ratio of 2.5, current liabilities of $120,000, fixed assets of $800,000 and a total asset turnover of 5.2. How much
A company has a current ratio of 2.5, current liabilities of $120,000, fixed assets of $800,000 and a total asset turnover of 5.2. How much sales does the company have?
| $1,100,000 | ||
| $1,560,000 | ||
| $4,784,000 | ||
| $5,720,000 |
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
