Multiple Choice
Ballard Screens has net sales in the amount of $470,000, a cash amount of $246,000, and accounts receivables of $47,000. What is the asset turnover ratio? (Round your answer to two decimal places.)
A) 1.60 times
B) 2.44 times
C) 1.91 times
D) 10.00 times
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q95: Net sales for Aaron Company are $679,000
Q96: The Cost of Goods Sold for Years
Q97: Debt to total assets is an example
Q98: Net income was $65,000 in Year 1
Q99: Rick's Cars had a beginning account receivables
Q101: An expression of the amount of each
Q102: Accounts Receivable Turnover is an example of
Q103: Relationship of two quantities or numbers, one
Q104: Orange Designers has net income before taxes
Q105: For each of the following items, indicate