Microsoft had net sales of $168,088 million. Gross sales total of $175,900 million. Its average total assets for the period were $320,165 million. Microsoft's total asset turnover equals:

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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Microsoft had net sales of $168,088 million. Gross sales total of
$175,900 million. Its average total assets for the period were
$320,165 million. Microsoft's total asset turnover equals:
Transcribed Image Text:Microsoft had net sales of $168,088 million. Gross sales total of $175,900 million. Its average total assets for the period were $320,165 million. Microsoft's total asset turnover equals:
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