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An analyst gathers the following data for a firm: Return on Equity: 26% Days Inventory Held (DIH): 23 Net Profit Margin: 2% Equity: $150,000 Debt:
An analyst gathers the following data for a firm: Return on Equity: 26% Days Inventory Held (DIH): 23 Net Profit Margin: 2% Equity: $150,000 Debt: $150,000 Cost of Goods Sold: $20,000 Net Working Capital: $33,000 Based on this information, what is the firm's Total Asset Turnover Ratio (TATO)?
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