In 2014, Bargain Shop Reported Net Income of $5

question 22

Multiple Choice

In 2014, Bargain shop reported net income of $5.7 billion, net sales of $175 billion, and average total assets of $70 billion. What is Bargain shop's asset turnover ratio?

• A) 0.31 times
• B) 0.08 times.
• C) 2.5 times.
• D) 12.3 times.

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