At the end of the year, ClearView Electronics (CVE) had $400,000 in total assets. If CVE's total assets turnover was 3.5, what were its sales revenue?
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What were its sales revenue of this financial accounting question?


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- Ramala Corp's sales last year were $48,000, and its total assets were $25,500. What was its total assets turnover ratio (TATO)?At the end of the year, Universal Utilities (UU) had $1.5 million in total assets. Its total assets turnover was 1.4, and its return on assets (ROA) was 7.14 percent. What were UU's sales revenues and net profit margin?Arshadi Corp.'s sales last year were $52,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)?
- What was its total assets turnover ratio?X-1 Corp's total assets at the end of last year were $440,000 and its EBIT was $55,000. What was its basic earning power (BEP) ratio?Naroto Corp.'s sales last year were $67,950, and its total assets were $31,400. What was its total assets turnover ratio (TATO)? Answer this financial accounting problem.
- During the current year, Sokowski Manufacturing earned income of $459,332 from total sales of $6,906,995 and average capital assets of $11,489,420. What is the asset turnover? Round to the nearest to the hundredth, two decimal places and submit the answer in a percentage.New Corporation reported net sales of $4,500,000 for the year. The company’s beginning total assets were $1,900,000, and its asset turnover ratio was 3.0 times. Based on this information, what is the ending total asset balance?River Corp's total assets at the end of last year were $405,000 and its net income was $32,750. What was its return on total assets?
- ABC Corporation had sales of $125,000. Total assets at the beginning of the year were 53,000 and at the end of the year were $55,000. ABC's asset turnover for the entire year was Blank______. (Use the average total assets to solve)Arshadi Corp.'s sales last year were $49,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)? Select the correct answer. a. 3.03 b. 0.63 c. 1.43 d. 3.83 e. 2.23Naruto Corp.s sales last year were $67,950, and its total assets were $31,400. What was its total assets turnover ratio (TATO)? Please answer this financial accounting problem.

