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1:23 1 LTE Done 7 of 8 Catena Marketing Company Ado usted Trial Balance End...

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Accounting

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1:23 1 LTE Done 7 of 8 Catena Marketing Company Ado usted Trial Balance End of the current Year Debit Credit Cash $ 1,510 Accounts receivable 2,340 Interest receivable 110 Prepaid insurance 1, 710 Long-term notes receivable 2,890 Equipment 16, 100 Accumulated depreciation $ 2,840 Accounts payable 2,300 Dividends payable 590 Accrued expenses payable 3,840 Income taxes payable 2,660 Unearned rent revenue 460 Common Stock (10 shares) B1 Additional paid-in capital 3, 469 Retained earnings 9,750 Sales revenue 37, 550 Interest revenue Rent revenue 650 Wages expense 19,800 Depreciation expense 1, 710 Utilities expense 420 Trance expense 930 Rent expense 9,300 Ime tax expense 2,750 $S9,570 BEWS a. Compute total assets for Catena's Marketing Company base !!! 1:23 1 LTE Done 8 of 8 $ 21,820 - Compute the company's total asset turnover for the current year, assuming Choose Numerator: Sales Total Asset Turnover Choose Denominator: Average total assets Total Asset Tumble Total asset turnover 1 0

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