BELL Inc.'s sales last year were $87,000, and its total assets were $29,000. What was its total assets assets turnover ratio (TATO)?

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
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BELL Inc.'s sales last year were
$87,000, and its total assets
were $29,000. What was its
total assets
assets turnover ratio
(TATO)?
Transcribed Image Text:BELL Inc.'s sales last year were $87,000, and its total assets were $29,000. What was its total assets assets turnover ratio (TATO)?
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