Wildling Supply Company Has Net Sales of $1,150,000, Net Income

question 116

Multiple Choice

Wildling Supply Company has net sales of $1,150,000, net income of $90,000, average current assets of $50,000, average fixed assets of $182,000, and average total assets of $232,000. Wildling's total asset turnover ratio is: (Round your final answer to two decimal places.)

• A)23.00.
• B)0.16.
• C)6.32.
• D)4.96.

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Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

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Supply Curve

A graphical representation showing the relationship between the quantity of goods supplied by producers and the price of those goods.

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