What is the total assets turnover ratio from the following information? Buildings- $230,000 Bank- $10,000 Accounts payables
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What is the total assets turnover ratio from the following information? Buildings- $230,000 Bank- $10,000 Accounts payables - 60,000 Opening inventory- $50,000 Accounts receivables- $64,000 Cash sales - $180,000 Credit sales- $212,000 Cash purchases- $118,000 Motor vehicles- $45,000 Fixtures and fittings -15,000 Credit purchases- $136,000 Closing inventory- $190,000
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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