During 2018,Landers Company Had Net Sales of $17,700,000

question 82

Multiple Choice

During 2018,Landers Company had net sales of $17,700,000.The beginning total assets were $10,000,000.The asset turnover ratio was 1.5 times.Calculate the ending total assets of Landers.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.)

• A) $13,600,000
• B) $10,000,000
• C) $15,900,000
• D) $5,900,000