For 2017, Walrus Company Reported Net Revenues, Average Total Assets

question 39

Multiple Choice

For 2017, Walrus Company reported net revenues, average total assets, and net income of $180,000, $24,000, and $100,000 respectively.Walrus Company's asset turnover ratio for 2017 was

• A)1.8.
• B)3.8.
• C)7.5.
• D)8.0.