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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

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

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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Financial accounting

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
Transcribed Image Text: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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