Question
Kenny Rogers Roasters recently reported $92,560 in Cash $878,000 , $878,000 in Accounts Receivable, $1,716,000 in Inventory, $5,340,000 in Sales, $745,060 in net fixed assets,
Kenny Rogers Roasters recently reported $92,560 in Cash $878,000 , $878,000 in Accounts Receivable, $1,716,000 in Inventory, $5,340,000 in Sales, $745,060 in net fixed assets, $3,431,620 in Total Assets, and $941,800 in Current Liabilities. What is the total asset turnover for Kenny Rogers Roasters? (round to two decimals)
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
978-0538482387
