In 2010, MegaStores Reported Net Income of $3

question 47

Multiple Choice

In 2010, MegaStores reported net income of $3.8 billion, net sales of $109.8 billion, and average total assets of $61.0 billion.What is MegaStores' asset turnover ratio?

• A).0.56 times
• B).0.06 times.
• C)1.80 times.
• D)16.05 times.