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For 2022, Bramble Corp. reported beginning total assets of $217,000 and ending total assets of $419,000. Its net income for this period was $57,000, and
For 2022, Bramble Corp. reported beginning total assets of $217,000 and ending total assets of $419,000. Its net income for this period was $57,000, and its net sales were $795,000. Compute the companys asset turnover for 2022. (Round answer to 2 decimal places, e.g. 1.25.)
Asset turnover | enter the asset turnover amount in times | times |
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