Your company has net sales revenue of $36 million during the year. At the beginning of the year, fixed assets are $8 million. At the end of the year, fixed assets are $10 million. What is the fixed asset turnover ratio? A. 4.50 B. 2 C. 4 D. 3.60
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What is the fixed assets turnover ratio?
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- Baker Oats had an asset turnover of 1.8 times per year. a. If the return on total assets (investment) was 12 percent, what was Baker's profit margin? (Input your answer as a percent rounded to 1 decimal place.) Profit marginAsset Turnover = 12 What does that mean??? a. For every $12 in total assets, you generated $1.00 in sales. b. You used up your inventory 12 times this period. c. For every $1.00 in total assets, you generated $12 in sales. d. For every $1.00 in average assets, you have $12 in total liabilities.NOTE: answer only the last number 8.
- A return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.Given the following data:A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.
- Bajaj Ltd. reported the following statistics and results for 2020: Net operating income Return on sales $ 54,000 Asset turnover 2.5 Residual income $ 10,880 Required: 1. What was the value of Bajaj's average operating assets in 2020? Average operating assets 2 If the required rate of return is 7% what Is the ROI? (Round your answer to 2 decimal places.) ROIRyngard Corp's sales last year were $42,000, and its total assets were $15,000. What was its total assets turnover ratio? Question 8 options: 2.8 2.36 2.31 2.63If Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75