Question: I am looking for help with this general accounting question using proper accounting standards. Madison Electronics operates solely on credit sales. The company reported the

I am looking for help with this general accounting question using proper accounting standards.

Madison Electronics operates solely on credit sales. The company reported the following for the current year: Sales Revenue: $42,600 million Cost of Goods Sold: $35,100 million Current Assets: $12,000 million Cash: $4,200 million Inventories: $2,100 million Accounts Receivable: $5,700 million Total Current Liabilities: $9,800 million Assuming the total assets are equal to current assets, what is Madison's total asset turnover ratio

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