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Can you tell me how to get 109,219 of total assets ??? SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation EBIT
Can you tell me how to get 109,219 of total assets ???
SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Additions to retained earnings $205,227 138,383 5,910 $ 60,934 1,617 $ 59,317 20,760 $ 38,557 $14,300 24,257 35 Calculatori Step 4 of 16 A Total assets turnover ratio used to know number of times the assets are utilized to achieve the umover and is computed by dividing the sales with total assets. Total assets include the current and non-current assets Sales Total assets tumover Total assets Analysis: Higher the ratio better to the organization. On summarizing the information, Sales are $205.227 Total assets are $109.219 Compute the total asset turnover of the company: Total assets tumover Total assets 205, 227 Asset turnover $109, 219 Asset tumnovena 1.8&limes SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Additions to retained earnings $205,227 138,383 5,910 $ 60,934 1,617 $ 59,317 20,760 $ 38,557 $14,300 24,257 35 Calculatori Step 4 of 16 A Total assets turnover ratio used to know number of times the assets are utilized to achieve the umover and is computed by dividing the sales with total assets. Total assets include the current and non-current assets Sales Total assets tumover Total assets Analysis: Higher the ratio better to the organization. On summarizing the information, Sales are $205.227 Total assets are $109.219 Compute the total asset turnover of the company: Total assets tumover Total assets 205, 227 Asset turnover $109, 219 Asset tumnovena 1.8&limesStep by Step Solution
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