In 2018 a company reported the following (in millions of dollars): Net Sales - $11.61 Cost of Goods Sold: $3.27 Income T
Posted: Tue Jul 05, 2022 11:42 am
- In 2018 A Company Reported The Following In Millions Of Dollars Net Sales 11 61 Cost Of Goods Sold 3 27 Income T 1 (35.16 KiB) Viewed 34 times
- In 2018 A Company Reported The Following In Millions Of Dollars Net Sales 11 61 Cost Of Goods Sold 3 27 Income T 2 (37.89 KiB) Viewed 34 times
In 2018 a company reported the following (in millions of dollars): Net Sales - $3.01 Cost of Goods Sold: $2.51 Income Taxes: $1.03 As of December 31, 2018 the company had $0.97 in cash and securities, $1.36 in accounts receivable, and $1.78 in inventory. It owed $1.19 in current liabilities and $1.68 in long-term debt. Calculate the asset turnover. Enter the answer as a percentage, without the % symbol. Maintain 2 places after the decimal point. For example, 0.1234 must be entered as 12.34.