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Page 1 : 1 Page 2 : 2 age 3 : 3 e 4 : 5 :Cesh$ 4 0 , 0 0 0 Accounts recelvable

Page 1:1Page 2:2age 3:3e 4: 5:Cesh$40,000Accounts recelvable80000inventor90.000Now plent and egulpment220,000Total Assete410.000LABILITIES AND SHAR HOLDERS BOUTAccounte peyeble$60.00040,000Accrued expensesLong-term debt130,000Common stock80.000Retained earrings100,000Total Liabllites and Shareholders Equity$110,000MEGAFRAME COMPUTER COMPANYIncome StatementFor the year ended December 31.20X6$700.000Sales (ell on credit)400,000Cest of goode sold200000Gross profit1000Selling and administrative expenseOperating profit1010200,000Interest expense40,000159000Taxes (50%6)80,900Net income80.000What is Megaframe Computer's total asset turnover? 1.71x13.68x3.18x2.00x/SUE

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