The Following Information Is Provided for Nguyen Company and Northwest

question 211

Multiple Choice

The following information is provided for Nguyen Company and Northwest Corporation. $$\begin{array} { l c c } { \text { (in } \$ \text { millions) } } & \text { Nquyen Company } & \text { Northwest Corporation } \\\hline \text { Net income } 2022 & \$ 165 & \$ 420 \\\text { Net sales } 2022 & 1,650 & 4,900 \\\text { Total assets } 12 / 31 / 20 & 1,000 & 2,400 \\\text { Total assets } 12 / 31 / 21 & 1,050 & 3,000 \\\text { Total assets } 12 / 31 / 22 & 1,150 & 4,000\end{array}$$ What is Nguyen's asset turnover for 2022?

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Definitions:

Latex Allergy

An allergic reaction to natural rubber latex products, causing symptoms ranging from skin irritation to severe allergic reactions.

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A psychological process that reduces the emotional responsiveness to a stimulus by repeated exposure to that stimulus.

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Prone Position

Lying flat with the front or face downward, often used for patients with respiratory difficulties.