Question
For 2020,Oriole Companyreports beginning of the year total assets of $896000, end of the year total assets of $1080000, net sales of $1060000, and net
For 2020,Oriole Companyreports beginning of the year total assets of $896000, end of the year total assets of $1080000, net sales of $1060000, and net income of $190000.
Oriole's 2020 asset turnover is
A 0.25times.
B 0.27times.
C 0.98times.
D 1.07times.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
