Answer:
What is the rest of the question?
Step-by-step explanation:
Answer:
yes you plug the numbers in
Let A be asset turnover, R revenue, and S assets. You already know the equation for asset turnover:
A = R/S
Since we need to calculate revenue, we need to modify the equation a bit:
R = A*S
R = 7.2*88000
R = 633,600
This means that Ryan's net sales (revenue) were $633,600.