Flask Company Reports Net Sales of $4,315 Million;cost of Goods

question 115

Multiple Choice

Flask Company reports net sales of $4,315 million;cost of goods sold of $2,808 million;net income of $283 million;and average total assets of $2,136.Compute its total asset turnover.

• A)1.31.
• B)2.02.
• C).13.
• D).76.
• E).50.

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