Question
Potawatomi Stores 2016 financial statements show earnings before interest of $2,182 million, net income of $140 million, sales of $134,415 million, and average total assets
Potawatomi Stores 2016 financial statements show earnings before interest of $2,182 million, net income of $140 million, sales of $134,415 million, and average total assets of $46,350 million. How much is Potawatomi Stores asset turnover for the year?
| A. | 3.20 | |
| B. | 2.90 | |
| C. | 4.70 | |
| D. | 0.31 |
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Financial Accounting An Integrated Approach
Authors: Michael Gibbins
6th Edition
0176407251, 978-0176407254
