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Asset turnover is calculated as follows: net sales divided by average total assets. O property, plant and equipment divided by total assets. long-lived assets divided

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Asset turnover is calculated as follows: net sales divided by average total assets. O property, plant and equipment divided by total assets. long-lived assets divided by total sales. net sales divided by net long-lived assets. A company has the following assets: Buildings and equipment, less accumulated depreciation of $250000 Copyrights, less accumulated amortization of $235000 Goodwill $12800000 1200000 4760000 The total amount reported under property, plant, and equipment would be O $12800000. O $13050000 O $17560000. O $18760000

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