Dell had net sales of $35,404 million Gross sales total of $37,576. Its average total assets for the period were $14,502 million. Dell's total asset turnover equals: A. 0.40 B. 0.35 C. 2.59 D. 2.44 E. 3.50
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- Accounting dell had net sales of $35404 million grossAardvark & Co. has sales of $291,200, cost of goods sold of $163,300, net profit of $11,360, net fixed assets of $154, 500, and current assets of $89, 500. What is the total asset turnover rate? a) 1.19 b) 1.11 c) 1.24 d) 1.08 e) 1.28Right Company reported beginning and ending total assets of $36,000 and $30,000, respectively. Its net sales revenue for the year were $26,070. What was Right's asset turnover ratio? A. 0.87 OB. 1.27 OC. 0.79 OD. 0.72
- 6Use the following selected balance sheet and income statement information for Stevens Co. to compute asset turnover, to the nearest hundredth of a percent. Operating profit before tax Net Income Average total assets Sales Tax rate on operating profit $120,000 $192,500 $653,000 $1,250,000 35% a. 1.34 b. 1.91 c. 0.52 d. 0.29A company had average total assets of $897,000. Its gross sales were $1,090,000 and its net sales were $1,000,000. The company's total asset turnover is equal to: a. 0.82 b. 0.90 c. 1.09 d. 1.11 e. 1.26
- Independence Company reported beginning and ending total assets of $38,000 and $42,000, respectively. Its net sales revenue for the year were $34,000. What was Independence's asset turnover ratio? OA. 0.80 ОВ. 0.85 OC. 1.18 OD. 0.81 pe here to search Pi 50 G This question:Using the following data for Marigold, Inc., compute its asset turnover and the return on assets ratio. Net Income 2026 $165,040 Total Assets 12/31/26 2,243,000 Total Assets 12/31/25 1,883,000 Net Sales 2026 2,166,150 Asset turnover (Round to 2 decimal places, e.g. 15.35.) 1.05 times Return on assets (Round to 1 decimal place, e.g. 15.3%.) 8 %EX.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 1,075,400