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During 2017, Ayayai Corp. reported net sales of $2000000, net income of $800000, and depreciation expense of $100000. Ayayai also reported beginning total assets of
During 2017, Ayayai Corp. reported net sales of $2000000, net income of $800000, and depreciation expense of $100000. Ayayai also reported beginning total assets of $1000000, ending total assets of $1300000, plant assets of $500000, and accumulated depreciation of $500000. Ayayais asset turnover (rounded) is
1.74 times. |
0.80 times. |
2.00 times. |
1.54 times. |
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