A company reported total sales revenue of $25,000. Its average total assets during the year were $50,000. What is the asset turnover ratio? Options: A. 0.4 B. 0.5 C. 0.75 D. 1.0
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- Your company has net sales revenue of $43 million during the year. At the beginning of the year, fixed assets are $15 million. At the end of the year, fixed assets are $17 million. What the fixed asset turnover ratio? Multiple Choice 2.87 1.34 2.53 269What is the fixed assets turnover ratio?H6. BDU Company has net income of $500,000 and average assets of $2,000,000 for the current year. If its asset turnover is 1.25 times, what is its profit margin? Show proper step by step calculation
- What are the annual sales for adorn with $0.5 M in liabilities a total debt ratio of 0.5 and an asset turnover of 4.0 assume assets remain unchanged?Crafty Inc. reported the following financial data. Sales, $180,000; operating expenses $160,000; average operating assets, $150,000; total liabilities, $98,000. The company requires a minimum 12% return on investments. What is the asset turnover ratio? O.133 O.18 O 1.2 O .111Question: A company reports the following: Sales $4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the asset turnover ratio.
- Want accurate answerEX.17-184.ALGO A company reports the following: Sales Average total assets (excluding long-term investments) Determine the asset turnover ratio. Round your answer to one decimal place. I $7,635,340 1,075,400Financial metricsfor crystal GlobeTravel include a total asset turnoverof 1,25 and a return equity of14,30 %, and a debit ratio of 15 % with total asset amounting to R3588 as per the statementof financial position, and considering the financing structure comprising both debt and equity,what is the net profit margin of the company?
- Need help ASAP :(Ryngard Corp's sales last year were $42,000, and its total assets were $15,000. What was its total assets turnover ratio? Question 8 options: 2.8 2.36 2.31 2.63A company reports the following: Sales $8,296,860 Average total assets (excluding long-term investments) 1,063,700 Determine the asset turnover ratio. Round your answer to one decimal place.fill in the blank 1