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SirJohnny SirJohnny
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6 months ago

The asset turnover from the following is

Note: round to the nearest tenth

Gross sales$ 54,000; $ 70,000
Sales discount$ 4,500; $ 2,500
Sales returns and allowances$ 2,300; $ 8,000
Total assets$ 41,000; $ 39,000


1.3



1.2



1.1



1.4



None of the answer choices are correct.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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ladwerladwer
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6 months ago
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SirJohnny Author
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6 months ago
Good timing, thanks!
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Brilliant
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2 hours ago
Just got PERFECT on my quiz
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