During 2024, Landers Corp. had net sales of $17,700,000. The beginning total assets were $8,500,000. The asset turnover
Posted: Thu May 19, 2022 12:36 pm
During 2024, Landers Corp. had net sales of $17,700,000. The beginning total assets were $8,500,000. The asset turnover ratio was 2.1 times. Calculate the ending total assets of Landers. (Round any intermediate calculations to two decimal places, and you final answer to the nearest dollar.) O A. $8,500,000 B. $8,357,142 OC. $9,271,429 OD. $17,771,429