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4 years ago

Ryngard corp's sales last year were $28,000, and its total assets were $16,000. what was its total assets turnover ratio (tato?

Business

1 answer:

shutvik [7]4 years ago

4 0

Hi there

Total assets turnover=sales÷total assets

So total assets turnover is
28,000÷16,000
=1.75

Hope it helps

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