Dodgers Corp

question 15

Multiple Choice

Dodgers Corp.'s beginning and ending total assets in the year 2019 were $19,900,000 and $22,100,000, respectively. Its asset turnover ratio for the year was calculated to be 1.8 times. Calculate the amount of net sales for the year 2019.

• A) $24,960,000
• B) $43,100,000
• C) $37,800,000
• D) $53,500,000

---

Definitions:

Commercial Leases

Agreements between landlords and businesses to rent commercial properties, such as offices, retail spaces, or warehouses, under specific terms.

Shopping Centre Leases

Contracts that dictate the terms under which a retailer can use space within a shopping center, including duration, rent, and other conditions.

Promotional Activities

Marketing efforts undertaken to increase awareness, interest, and sales of a product or service through various methods such as advertising, sales promotions, and public relations.

Legislation Unconstitutional

A declaration that a law or statute conflicts with the constitution and is therefore invalid and unenforceable.