group member Sales budget wood material cost Dinning chairs(multiply by Coffee table(12.60) Kitchen(10.80) jan Direct material other cost lian Dinning chairs(2) Coffee table(5.40) Kitchen(9.20) Sales budget Annual direct budget jan 2700 1260 3240 300 540 2760 feb 3750 1800 9000 feb 3600 3150 3780 feb 400 1350 3220 march april 5000 4500 10500 6300 3780 4320 march april 700 1620 3680 march april 7200 4410 4860 8750 5400 12000 800 1890 4140 may 10000 6300 13500 may 6480 5040 5400 may 720 2160 4600 june 9000 7200 15000 june 6840 5670 5940 june 760 2430 5060 july 9500 8100 16500 july 5400 4410 6480 july 600 1890 5520 aug 7500 6300 18000 aug Annual fixed cost and income st aug 6300 3780 5400 700 1620 4600 sept 8750 5400 15000 sept Direct labour Dinning chairs(25) Coffee table(18) Kitchen(30) In this part of sales budget we have added all the other cost like wood materials, direct material cost as well as labour to the product so that we can get the value of the product 7200 5670 4860 sept 800 2430 4140 oct oct loct 10000 8100 13500 8100 5670 3240 900 2430 2760 nov 11250 8100 9000 nov 5040 3780 2700 nov 560 1620 2300 dec 7000 5400 7500 dec 3600 3150 1620 dec 400 1350 1380 5000 4500 4500 total total total 68760 49770 51840 170370 7640 21330 44160 Annual 95500 71100 144000 73130 310600

My book gives the formula "Total assets turnover ratio = Sales divided by total assets" But here, the answer uses the opposite. Why?

Please help me evaluate these financial ratios to identify any trends or issues and potential reasons for them. Could Covid have played a role? Please help me interpret the ratios in Group B from managements perspective from period 12/31/19 & 6/30/20

DONT GIVE ANSWER IN  IMAGE FORMAT

10. Choose the options to correctly complete the following statement. Some balance sheet and income statement accounts that vary directly with sales include: 1. Cost of goods sold II. Depreciation III. Accounts payable IV. Accounts receivable O I, II, III only O I, II, IV only O I, III, IV only O I, II, III, and IV

Stanley's inventory turnover ratio is?

Describe the approaches to estimate stand-alone selling prices.