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BOB Corp.'s sales last year were $98,000, and its total assets were $37,000. What was its total assets turnover ratio (TATO)? a. 2.12 b. 1.32 c. 2.37 d. 3.82 e. 2.65

BOB Corp.'s sales last year were $98,000, and its total assets were $37,000. What was its total assets turnover ratio (TATO)? a. 2.12 b. 1.32 c. 2.37 d. 3.82 e. 2.65

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 19P
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BOB Corp.'s sales last year were $98,000, and its total assets were $37,000. What was its total assets turnover ratio (TATO)? a. 2.12 b. 1.32 c. 2.37 d. 3.82 e. 2.65

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