company-c-has-net-sales-of-750000-and-average-total-assets-of-500000-what-is-the

Question

Company C has net sales of $750,000 and average total assets of $500,000. What is the total asset turnover ratio?

Accepted Answer

1.5

Answer

1.0

Answer

0.75

Answer

2.0

Company C has net sales of \$750,000 and average total assets of \$500,000. What is the total asset turnover ratio?