29. NHO CA MCB4 Ryngard Corp's sales last year were $42,000. Current Liabilities were $2,500,...

80.2K

Verified Solution

Question

Finance

image
29. NHO CA MCB4 Ryngard Corp's sales last year were $42,000. Current Liabilities were $2,500, Long-Term Liabilities were $8,000 and Stockholder's Equity was $3,000. What was its total assets turnover ratio (TATO)? 0 2.63 2.36 O 3.11 2.60 2.31

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students