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During the latest year, XYZ Corporation has total sales of $400,000, net income of 20,000 , and its year-end total assets were $190,000. The firm's
During the latest year, XYZ Corporation has total sales of $400,000, net income of 20,000 , and its year-end total assets were $190,000. The firm's total debt to total assets ratio was 40%. What is firm's total assets turnover ratio? Enter your answer as a number rounded to 2 decimal places; example 1.12 . Your Answer: Answer Hide hint for Question 11 total assets turnover=sales/total assets
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