An extract of a balance sheet is given. What is the total asset turnover ratio?
Balance...
Mathematics, 10.02.2020 20:23 payshencec21
An extract of a balance sheet is given. What is the total asset turnover ratio?
Balance Sheet (extract), December 31st, 2xxx $
Intangible Assets 5,000
Tangible Assets 10,000
Current Assets 5,000
Investments 5,000
Current Liabilities 10,000
Long Term liabilities 30,000
Net Sales 40,000
The debt-equity ratio of Creatz Ltd. is
(Express your answer to two significant figures).
Answers: 2
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