Use the following data: Net sales Asset turnover $3,385,000 Beginning total assets $915,000 4 What is the ending total asset balance?
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- A company reports the following:Sales $1,800,000Average total assets 1,125,000Determine the asset turnover ratio. Round to one decimal place.A 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.Need correct answer general accounting question
- ROI and Margin Arbus Company provided the following information: Turnover Operating assets Operating income Required: 1. What is ROI? (Round your answer to three decimals.) 2.4 $139,000 6,120 2. What is margin? (Round your answer to two decimals.)Calculate the projected inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. How does Computron’s utilization of assets stack up against that of other firms in its industry?I want to correct answer general accounting