A company reports the following:
Sales................................$2,400,000
Average total assets (excluding long-term investments)......1,500,000?
Determine the asset turnover ratio. Round your answer to one decimal place.

Question

A company reports the following:
Sales................................$2,400,000
Average total assets  (excluding long-term investments)......1,500,000?
 Determine the asset turnover ratio. Round your answer to one decimal place.

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The Answer of A company reports the following:
Sales................................$2,400,000
Average total assets  (excluding long-term investments)......1,500,000?
 Determine the asset turnover ratio. Round your answer to one decimal place.

A Company Reports the Following