Asset turnover A company reports the following: Sales $6,480,000 Average total assets 2,400,000 Determine the asset turnover ratio. Round your answer to one decimal place.

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Asset turnover Sales A company reports the following: $1,069,000 Average total assets 534,500 Determine the asset turnover ratio. If required, round your answer to one decimal place. All work saved. Email Instructor

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Total assets turnover: 1.1x Days sales outstanding: 36.5 daysa Inventory turnover ratio: 3.75x Fixed assets turnover: 2.5x Current ratio: 2.0x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a 365-day year. 1 Do not round intermediate calculations. Round your answers to the nearest dollar. Balance Sheet Cash Accounts receivable Inventories Fixed assets Total assets Sales $ $ $330,000 Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold $ $ $ 49,500 115,500 Check My Work (2 remaini

Asset turnover A company reports the following: Sales $724,200 Average total assets 426,000 Determine the asset turnover ratio. If required, round your answer to one decimal place.fill in the blank 1

fill out the missing blank Billy’s BBQ reported sales of $750,000 and net income of $29,500. Billy’s also reported ending total assets of $497,000 and beginning total assets of $390,000.  Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Billy's BBQ.

ROI and Margin Arbus Company provided the following information: Turnover Operating assets Operating income Required: 1. What is ROI? (Round your answer to three decimals.) 2.4 $139,000 6,120 2. What is margin? (Round your answer to two decimals.)

Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $132,756, invested assets of $299,000, and sales of $1,106,300. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a.  Profit margin    % b.  Investment turnover     c.  Return on investment    %

Excel Online Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 1.2Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 27%Total liabilities-to-assets ratio: 45%Quick ratio: 0.90Days sales outstanding (based on 365-day year): 29.5 daysInventory turnover ratio: 4.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.     Open spreadsheet   Complete the balance sheet and sales information in the table that follows for J. White Industries. Do not round intermediate calculations. Round your answers to the nearest whole dollar. Partial Income StatementInformation Sales $  fill in the blank 2 Cost of goods sold $  fill in the blank 3 Balance Sheet Cash $  fill in the blank 4 Accounts payable $  fill in the blank 5 Accounts receivable $  fill in the blank 6 Long-term debt $…