Question: Am I correct ? Flagship Logistics provides the following information: Operating income Net sales Average total assets $1,500,000 $13,500,000 $1,850,000 30% Managements target rate of
Am I correct ?
Flagship Logistics provides the following information: Operating income Net sales Average total assets $1,500,000 $13,500,000 $1,850,000 30% Managements target rate of return What is the company's asset turnover ratio? (Round your answer to two decimal places.) O A. 7.30 OB. 4.03 O C. 4.66 OD. 12.86
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