Yoshi Corp has a Net Profit Margin (NPM) of 12.2%. They reported earnings after tax of $725,400. If they had net fixed assets of $1,800,000 and current assets of $950,000, what are their fixed asset turnover and total asset turnover ratios?

Yoshi Corp has a Net Profit Margin (NPM) of 12.2%. They reported earnings after tax of $725,400. If they had net fixed assets of $1,800,000 and current assets of $950,000, what are their fixed asset turnover and total asset turnover ratios?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 4P: Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had...

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financial accounting 2.0

Yoshi Corp has a Net Profit Margin (NPM) of
12.2%. They reported earnings after tax of
$725,400. If they had net fixed assets of
$1,800,000 and current assets of $950,000, what
are their fixed asset turnover and total asset
turnover ratios?

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