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Vaughn Manufacturing reported the following data: 2020 2021 Sales $3020000 $4770000 Net Income 293000 396000 Assets at year end 1780000 2560000 Liabilities at year end
Vaughn Manufacturing reported the following data:
| 2020 |
| 2021 | |
| Sales | $3020000 |
| $4770000 |
| Net Income | 293000 |
| 396000 |
| Assets at year end | 1780000 |
| 2560000 |
| Liabilities at year end | 1180000 |
| 1470000 |
What is Vaughns asset turnover for 2021?
|
| 2.68 |
|
| 2.20 |
|
| 1.91 |
|
| 1.86 |
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Mis And Edp Auditing For Accountants And Auditors
Authors: Srv
1st Edition
9993730351, 978-9993730354
