Net sales are $3,000,000, beginning total assets are $1,400,000, and the asset turnover is 2.5 times. What is the ending total asset balance?
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- Net sales are $3,000,000, beginning total, assets are $1,400,000. and the asset turnover is 3.0 times. What is the ending total asset balance?What is the ending total asset balance?H6. BDU Company has net income of $500,000 and average assets of $2,000,000 for the current year. If its asset turnover is 1.25 times, what is its profit margin? Show proper step by step calculation
- ▷ NET SALES ARE $3,000,000, BEGINNING TOTAL, ASSETS ARE $1,400,000. AND THE ASSET TURNOVER IS 3.0 TIMES. WHAT IS THE ENDING TOTAL ASSET BALANCE? ▷ A) $1,400,000. ▷ B) 800,000. C) $1,000,000. D) $600,000.Use the following dataA company reports the following: Sales $10,975,200Average total assets $1,371,900 Determine the asset turnover ratio. Round your answer to one decimal place.
- Net Sales = $88,122 Total Assets = $189,100 Calculate Asset Turnover ( Round to nearest hundredth of a cent)Your company has net sales revenue of $43 million during the year. At the beginning of the year, fixed assets are $15 million. At the end of the year, fixed assets are $17 million. What the fixed asset turnover ratio? Multiple Choice 2.87 1.34 2.53 269Please help me with show all calculation thanku
