Question
BALANCE SHEET CURRENT ASSETS CURRENT LIABILITIES Cash $5930 Account payable $9047 Account receivable $4970 Others $1450 Inventory $6821 FIXED ASSETS Total long-term debt $20347 Building
BALANCE SHEET
CURRENT ASSETS
CURRENT LIABILITIES
Cash
$5930
Account payable
$9047
Account receivable
$4970
Others
$1450
Inventory
$6821
FIXED ASSETS
Total long-term debt
$20347
Building & equipment
$35800
BALANCE SHEET | |||
CURRENT ASSETS | CURRENT LIABILITIES | ||
Cash | $5930 | Account payable | $9047 |
Account receivable | $4970 | Others | $1450 |
Inventory | $6821 | ||
FIXED ASSETS | Total long-term debt | $20347 | |
Building & equipment | $35800 |
You have the following information from the Income Statement | |
Sales | $40086 |
Cost of goods sold | $15427 |
R&D expenses | $2127 |
Interest | $1652 |
Corporate tax | $1417 |
Calculate the Total asset turnover. Enter the two decimal numbers (such as 1234.56) without any sign and symbol.
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Understanding Cross Cultural Management
Authors: Marie Joelle Browaeys, Roger Price
3rd Edition
9781292015897
