Top Company's 2019 sales revenue was $250,000 and 2018 sales revenue was $230,000. Top's total...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Top Company's 2019 sales revenue was $250,000 and 2018 sales revenue was $230,000. Top's total assets as of December 31, 2019 were $140,000 and total assets as of January 1, 2019 were $120,000. What is Top's total asset turnover ratio? Multiple Choice 1.97 179 1.92 1.82
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!
