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ad-work [718]
3 years ago
6

Reports how much the company is worth to the owners at the

Business
1 answer:
SashulF [63]3 years ago
6 0
I really want to say income statement
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The recording of the factory labor incurred for general factory use would include a debit to:
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Social Security Multiple Choice Is a Defined Benefit Pension Plan Is offered by local governments Is an optional Pension Plan Is
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As similar case studies, the cheyenne and the comanche are best depicted as examples of:
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2 years ago
Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686
mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars                                              2016          2017  

Total assets in the beginning     $1,686,000    $1,800,000

Total assets at the end                $1,800,000    $1,982,000

Average assets                            $1,743,000    $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue                               $5,856,480   $8,679,690

Total assets turnover                     $3.36              $4.59

(Sales revenue ÷ Average Total assets)

4 0
3 years ago
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