company-b-has-net-sales-of-900000-and-average-total-assets-of-450000-calculate-t

Question

Company B has net sales of $900,000 and average total assets of $450,000. Calculate the total asset turnover ratio.

Accepted Answer

2.0

Answer

2.5

Answer

1.5

Answer

1.0

Company B has net sales of \$900,000 and average total assets of \$450,000. Calculate the total asset turnover ratio.