The asset turnover from the following is (round to nearest tenth):
A) 1.7
B) 1.5
C) 1.9
D) 1.6
E) None of these

Question

The asset turnover from the following is (round to nearest tenth): 
A) 1.7 
B) 1.5 
C) 1.9 
D) 1.6 
E) None of these

Quizplus · Accepted Answer

The asset turnover ratio is calculated by dividing net sales by average total assets. Based on the information given in the code, we do not have access to net sales or average total assets. Therefore, we cannot calculate the asset turnover ratio. None of the answer choices are correct.

The Asset Turnover from the Following Is (Round to Nearest