Baldwin has an asset turnover of 1.58 (Asset Turnover =
Sales/Assets). That means:
a. Each $1.00 of assets in the firm generates $1.58 of sales
revenue.
b. Every $1.58 of assets in the firm generates $1.00 of
sales.
c. Every $1.00 of assets in the firm generates $1.58 of
profit.
d. Every $1.58 of profit in the firm comes from each $1.00 of
sales.
- Baldwin Has An Asset Turnover Of 1 58 Asset Turnover Sales Assets That Means A Each 1 00 Of Assets In The Firm G 1 (23.11 KiB) Viewed 36 times
Balance Sheet ASSETS 2022 2021 Common Size 28.5% Cash $38,781 $31, 115 $7,407 5.4% $13,404 $29,183 21.5% S26,442 $75,371 55.4% $70,961 $112,480 82.7% S96,824 ($51,908) -38.2% ($44,409) Accounts Receivable Inventory Total Current Assets Plant & Equipment Accumulated Depreciation Total Fixed Assets Total assets LIABILITIES & OWNERS' EQUITY Accounts Payable Current Debt $60,572 44.6% S52,415 $135,943 100% S123,376 $6,337 4.7% 59,516 $2.000 1.5% $15,717 Long Term Debt $41,931 30.8% $27,209 Total Liabilities $50,268 37% S52,442 Common Stock $51,118 37.6% $12,079 Retained Earnings $34,557 25.4% S58,854 Total Equity $85,675 63% $70,933 Total Liab. &0. Equity $135,943 100% $123,376