Aurora Inc. reported net sales of $2,400 million in 2022. The total assets at the beginning of the year were $1,800 million, and at the end of the year, they were $2,000 million. What is the asset turnover ratio for Aurora Inc. for 2022 (rounded to two decimal places)?
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- 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.what is sunset's total asset turnover ratio?McDonald’s Corporation reports total average assets of $28.9 billion and net sales of $20.5 billion.What is the company’s asset turnover? (Round answer to 2 decimal places, e.g. 15.25.)
- Maxim Company reported beginning and ending total assets of $140,000 and $160,000, respectively. Its net sales for the year was $240,000. What was Maxim's asset turnover ratio? Begin by selecting the formula to calculate the company's asset turnover ratio. Then enter the amounts and calculate the ratio. (Round the asset turnover ratio to two decimal places, X.XX.)In a recent annual report, Target reported beginning total assets of $44.1 billion, ending total assets of $44.5 billion, and net sales of $63.4 billion. Compute Target's asset turnover ratio. (Round answer to 2 decimal places, e.g. 5.60.) Target's asset turnover ratio timesNew 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?
- The balance sheets of Davidson Corporation reported net fixed assets of $830,000 at the end of Year 1 and $560,000 at the end of Year 2. Net sales for Year 2 totaled $1,890,000. What is the fixed-asset turnover ratio for Year 2?The balance sheets of Davidson Corporation reported net fixed assets of $830,000 at the end of Year 1 and $560,000 at the end of Year 2. Net sales for Year 2 totaled $1,890,000. What is the fixed-asset turnover ratio for Year 2? Answer this questionThe following information is available from the annual reports of Blossom Company and Crane Company. (Amounts in millions) Blossom Crane Net Income $1,824 $2,413 Sales 43,035 64,239 Total Assets (average) 40,242 68,704 Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to 2 decimal places, e.g. 15.25 and return on assets to 1 decimal place, e.g. 15.2%.) BlossomCrane1. Asset turnover ratio enter the asset turnover rounded to 1 decimal placetimesenter the asset turnover rounded to 1 decimal placetimes2. Return on assets enter the return on assets in percentages rounded to 2 decimal places%enter the return on assets in percentages rounded to 2 decimal places%
- JPJ Corp has sales of $1.33 million, accounts receivable of $52,000, total assets of $5.05 million (of which $2.88 million are fixed assets), inventory of $153000, and cost of goods sold of $601000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? **round to two decimal places**What was the net sales for the year 2022?Arshadi Corp.'s sales last year were $52,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)?

