Answer:
Investment = 20,000
Return 2 = 5,000
Payment y3 = 8,000
Initial Investment = 20,000
NPV = -$5,881.89
Explanation:
1 euro = 1.13 USD exactly!
Given:
net sales = 53,404,000,000
Average total assets = 16,302,000,000
Total asset turnover is calculated by divided net sales by the average total assets.
Total asset turnover = net sales / average total assets
T.A.O = 53,404,000,000 / 16,302,000,000
T.A.O = 3.2759 OR 3.3
The total asset turnover indicates the company's ability to efficiently deploy its asset in generating revenue.