Question
For 2011, Kunal Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $1,250,000,
For 2011, Kunal Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $1,250,000, and net income of $250,000.
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How much is Kunal's 2011 asset turnover ratio?
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How much is Kunals return on assets?
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Accounting Costing And Management
Authors: Riad Izhar, Janet Hontoir
2nd Edition
9780198328230
