Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. return on assets is 12% and the total asset turnov

Return on assets is 12% and the total asset turnover is 1.8 times. If net...

70.2K

Verified Solution

Question

Finance

Return on assets is 12% and the total asset turnover is 1.8 times. If net income is $14.3 million, determine the firms sales.

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

Q

What are the three major fluid compartments?

Medical Sciences
Q

The salt concentration in a cell's cytoplasm is 0.9%. The cell is placed in a...

Biology
Q

A square gate of size 1 mx 1 m is hinged at its mid point...

Physics
Q

A straight kite string makes an angle of 40 with the ground as shown in...

Geometry
Q

A body moves on a coordinate line such that it has a position s= f(t)=t-6t+5...

Basic Math
Q

Find the greatest common factor of the following numbers.2.3.4^2.5^2.7^33^3. 4^3. 5. 112^2. 3^3. 4^2. 5^3....

Basic Math
Q

Solve the nonlinear system algebraically Graph the equations and explici display the solutions to the...

Algebra
Q

The annual gross rental income is $2.5 million , and the operating expenses are$ 500,000...

Accounting
Q

SCSAL2022005 The Vlasics had an Alabama refund and a Mississippi refund of? $0;...

Accounting
Q

Perpetual inventory using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as follows:...

Accounting
Q

Presented below is information (in thousands) related to Samentha Company related to the year of...

Accounting
Q

Paid RM630 cash for transporting goods bought from Mamaland Sdn. Bhd. Choose two (2) appropriate...

Accounting