Calculate Company Y's total asset turnover based on the following information for the current year: Net income $800,000 Assets at the beginning of the year $100,000 Assets at the end of the year Net sales a. 8.18 b. 7.27 c. 9.00 d. 7.50 $120,000 $900,000

General Accounting

What is the asset turnover ratio on these general accounting question?

Asset turnover A company reports the following: Sales $1,189,650 Average total assets (excluding long-term investments) 566,500 Determine the asset turnover ratio. If required, round your answer to one decimal place.fill in the blank 1

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.

(46) Calculate Company Y's total asset turnover based on the following information for the current year: Net income           $200,000 Assets at the beginning of the year    $100,000 Assets at the end of the year             $140,000 Net Sales          $900,000

A company reports the following: Sales $8,296,860 Average total assets (excluding long-term investments) 1,063,700 Determine the asset turnover ratio. Round your answer to one decimal place.fill in the blank 1

Need help ASAP :(

Use the following selected balance sheet and income statement information for Stevens Co.  to compute asset turnover, to the nearest hundredth of a percent.   Operating profit before tax Net Income Average total assets Sales Tax rate on operating profit $120,000 $192,500 $653,000 $1,250,000 35%     a. 1.34   b. 1.91   c. 0.52   d. 0.29

Question: A company reports the following:   Sales $4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the asset turnover ratio.