Multiple Choice
Elegant Operators has net sales in the amount of $622,000, a cash amount of $333,000, and accounts receivables of $50,000. What is the asset turnover ratio?
A) 12.44 times
B) 1.87 times
C) 1.62 times
D) 0.08 times
Correct Answer:
Verified
Correct Answer:
Verified
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