Question: Problem 2 9 - 5 Measuring efficiency a . If a firm's assets of $ 1 0 , 0 0 0 represent 2 0 0

Problem 29-5 Measuring efficiency
a. If a firm's assets of $10,000 represent 200 days' sales, what is its annual sales? Assume a 365-day year.
b. What is its asset turnover ratio?
Note: Round your answer to 3 decimal places.
Problem 29-5 Measuring efficiency a. If a firm's assets of $10,000

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