Question
During the year, Beldon, Inc. had net sales of $6,250,000 and net income of $810,000. Total assets were $4,600,000 at the beginning of the year
During the year, Beldon, Inc. had net sales of $6,250,000 and net income of $810,000. Total assets were $4,600,000 at the beginning of the year and $5,400,000 at the end. Beldons asset turnover for the year is:
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Accounting And Finance An Introduction
Authors: Eddie McLaney, Peter Atrill
10th Edition
1292312262, 978-1292312262
