Calculate the total asset turnover if a company has net sales of $ 7 5 , 0

Fantastic news! We've Found the answer you've been seeking!

Question:

Calculate the total asset turnover if a company has net sales of $

75, 000,

cost of goods sold of $

30, 000,

and average total assets of $

150, 000

Related Book For answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

See More Books

Posted Date: Apr 17, 2024 08:21 AM

See More Questions

You were in an auto accident and are due $50,000 from the insurance company for the other person that hit you. They are going to pay you this amount in 5 years. What is the value of that money today...
Analyze each equation and graph it. 3 csc 0 csc 0 - 1
A runner is moving at 8 m s1 away from a crying baby. If the sound he hears has a frequency of 3370 Hz, what was the emitted frequency of the crying? Sound waves move at 330 m s. Give your answer to...
What characteristics do you think Jamie Oliver has that have helped make his various enterprises a success?
Oscillations are often combined with growth or decay. Plot graphs of the following function, and describe in words what you see. Make up a biological process that might have produced the result. g(t)...
A resident individual has the following capital gains and losses for the year: Discount capital gain (before discount applied) $10,000 Capital loss $2,000 Carried-forward net capital loss of prior...
Literacy Rate Figure 2.39 gives a boxplot showing the literacy rate of the countries of the world. Figure 2.39 Literacy rate for countries of the world (a) Describe the shape of the distribution. (b)...
1. Joan, a single mother, has AGI of $85,000 in 2014. In September 2014, she pays $5,000 in qualified tuition for her dependent son who just started at Big University. What is Joans American...
Sonya is selling her jet ski and has the following offers to choose fre 1. $3.500 today OR 2. $1.700 today and $1,900 in 5 months If money carns 6.3% simple interest a. What is the current economic...
True or false? Assume the Fed has $8 Trillion Par Value in bonds on their Balance Sheet. If the average coupon rate on these bonds is 2%, the Fed would have have to pay approximately $160 Billion in...
The tree below should be a binary search tree, but all the nodes are misnumbered. What is the number of the node that resides in the position where the third smallest key SHOULD be? 2 7 15 12 6 11 5
(a) In Simulated Annealing, if T2 > T1, is the probability of adopting a new worse state higher in T2 or in T1? Why? (No marks will be given for absent or incorrect explanations.) [5] (b) Does the...
You need to build a 32-bit combinational unsigned multiplier using 1-bit 2-input NAND gates only. Assume 4 1-bit 2-input NAND gates are needed to build a XOR gate and you are using ripple carry...
Consider the following function if li-jl <3 a (ij) =i+4j if li-jIz3 If we were to define a (i.) as an anonymous function in Matlab, i.e., a-e (i, j) what would be the code for the ... part of the...
a. Has J&W's liquidity position improved or worsened? Explain. Current ratio Quick ratio 2021 Inventory turnover Days sales outstanding (days) Fixed assets turnover Total assets turnover The firm's...
What is "white-collar" crime? How is it different from other criminal acts? Explain
Can partitioned join be used for r r.A s? Explain your answer
To test $H_{0}: \sigma=50$ versus $H_{1}: \sigma <50$, a random sample of size $n=24$ is obtained from a population that is known to be normally distributed. (a) If the sample standard...
(a) Determine the critical values for a right-tailed test of a standard population deviation with 18 degrees of freedom at $\alpha=0.1$ level of significance. (b) Determine the critical values for...
In Example 2 from Section 10.3, the quality-control engineer for M\&MMars tested whether the mean weight of fun-size Snickers was 20.1 grams. Suppose that the standard deviation of the weight of the...

Calculate the total asset turnover if a company has net sales of $ 7 5 , 0

Question:

Expert Answer:

To calculate the total asset turnover we need to use the formula Total Asset Turnover ... View the full answer

Precalculus

Students also viewed these accounting questions