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Answer:
Total asset turnover = sales/total asset
Total asset = current + non current asset
=( $100 + $142 ) million
= $242 million
Total asset turnover = $371/$242
= 1.5331 :1 or 153.31% (answer)
Solution
Answer:
Total asset turnover = sales/total asset
Total asset = current + non current asset
=( $100 + $142 ) million
= $242 million
Total asset turnover = $371/$242
= 1.5331 :1 or 153.31% (answer)

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AnswerTotal asset turnover = salestotal assetTotal asset = cur.pdf

  • 1. Answer: Total asset turnover = sales/total asset Total asset = current + non current asset =( $100 + $142 ) million = $242 million Total asset turnover = $371/$242 = 1.5331 :1 or 153.31% (answer) Solution Answer: Total asset turnover = sales/total asset Total asset = current + non current asset =( $100 + $142 ) million = $242 million Total asset turnover = $371/$242 = 1.5331 :1 or 153.31% (answer)