Question
NET INCOME: 50,000 NET SALES: 30,000 CURRENT ASSETS: 150,000 CURRENT LIABILITIES : 75,000 TOTAL ASSETS : 350,000 Using the information shown here, which of the
NET INCOME: 50,000
NET SALES: 30,000
CURRENT ASSETS: 150,000
CURRENT LIABILITIES : 75,000
TOTAL ASSETS : 350,000
Using the information shown here, which of the following is the asset turnover ratio?
-
0.14
-
0.09
-
2.00
-
1.67
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The Reward And Benefits Audit
Authors: Michael Armstrong
1st Edition
1907766081, 978-1907766084
