Question: Given the balance sheet and income statement shown below, calculate Rebel Golts 2017 foved asset turnover ratio Enter your answer as a number with a
Given the balance sheet and income statement shown below, calculate Rebel Golts 2017 foved asset turnover ratio Enter your answer as a number with a decimal places of precision 0.1234 or 1.2M) ensure you dodeling number before the deomal point Balance Sheets December 31 2017 Mame 2017 2016 2017 2016 S. Auto Liabilities and shareholder Equity Operating costs EDEA 5930 Current Asset Current Liabilities UNTDA IST Cash and Equivalents $ 3.78) $ 2.612 Accruals 5 1795 Depreciation and Anortation 1211 Accounts receivable 2.70 1.100 Accounts payable 2.190 1.975 Earnings before interest and tas) $12.53 Inventory 10,970 9.840 Notes payable 14 1.385 werest 2.14 Total Current Assets 517.535 S 15.560 Total Current Les 5 1801 5 1441 ningstforetases (ET) Tanes Long-term Debe 11.10 12.530 Net income Total 17,647 15.951 Long-term Assets Net Fixed Assets 41.323 29.650 Shareholder Equity Common stock Retained caming Total Shareholder Equity $ 25.000 525.000 16.209 4.359 $ 41.200 5 29.24 Total Assets 55.656 5 45.210 Totalcabies and Shareholder Equity 5856 $45.210
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