Answer:
Ratio = 3.801
Step-by-step explanation:
Given that the total assets balance at the beginning of the year was $175,000 and at the end of the year was $167,000.
Average assets for the year =
Sales for the year = 650000 dollars
To calculate the ratio of sales to total assets:
Required ratio =
It would be 23/40, because you have to simply 0.575/1000.
Answer:
C 1/4 is your answer. Have a great day
G:h
plug in for variables
g:60
it would be 40:60