Ballard Screens Has Net Sales in the Amount of $470,000

question 100

Multiple Choice

Ballard Screens has net sales in the amount of $470,000, a cash amount of $246,000, and accounts receivables of $47,000. What is the asset turnover ratio? (Round your answer to two decimal places.)

• A) 1.60 times
• B) 2.44 times
• C) 1.91 times
• D) 10.00 times

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