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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $ 6 3 0 were declared

Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were
declared at the end of the year, and 560 additional shares of common stock ( $0.10 par value per share) were issued at the end of the
year for $2,240 in cash (for a total at the end of the year of 800 shares). These effects are included below:
Required:
Compute total assets for Catena's Marketing Company based on the adjusted trial balance.
Compute the company's total asset turnover for the current year, assuming total assets at the end of the prior year were $16,400.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Compute the company's total asset turnover for the current year, assuming total assets at the end of the prior year were
$16,400.
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