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Selected current year company information follows: Net income $ 16,153 Net sales 714,855 Total liabilities, beginning-year 85,932 Total liabilities, end-of-year 105,201 Total stockholders' equity, beginning-year
Selected current year company information follows:
Net income | $ | 16,153 | |
Net sales | 714,855 | ||
Total liabilities, beginning-year | 85,932 | ||
Total liabilities, end-of-year | 105,201 | ||
Total stockholders' equity, beginning-year | 200,935 | ||
Total stockholders' equity, end-of-year | 124,851 | ||
The total asset turnover is:
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