A company had average total assets of $897,000.Its gross sales were $1,090,000 and its net sales were $1,000,000.The company's total asset turnover is equal to:
A)0.82
B)0.90
C)1.09
D)1.11
E)1.26

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The Answer of A company had average total assets of $897,000.Its gross sales were $1,090,000 and its net sales were $1,000,000.The company's total asset turnover is equal to:
A)0.82
B)0.90
C)1.09
D)1.11
E)1.26

A Company Had Average Total Assets of $897,000