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Other Fields Homework Help Business Topic started by: rolpace88 on May 19, 2015



Title: Henry's BBQ reported net sales of $295,243 and had average total assets of $155,297. Find its asset
Post by: rolpace88 on May 19, 2015
Henry's BBQ reported net sales of $295,243 and had average total assets of $155,297. Find its asset turnover ratio. Round to two decimal places.
A) 1.90 to 1
B) 0.90 to 1
C) 0.47 to 1
D) 0.53 to 1


Title: Re: Henry's BBQ reported net sales of $295,243 and had average total assets of $155,297. Find its as
Post by: Million on May 21, 2015
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Title: Re: Henry's BBQ reported net sales of $295,243 and had average total assets of $155,297. Find its asset
Post by: rolpace88 on May 27, 2015
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.


Title: Re: Henry's BBQ reported net sales of $295,243 and had average total assets of $155,297. Find its asset
Post by: Million on May 27, 2015
A thumbs up would be appreciated 8-)