Calculate assets turnover for a car manufacturing company from the following information: Net income = $480,000
Expenses = $120,000
Land and building = $110,000
Cash at bank = $50,000
Inventories = $40,000
A)2 times
B)3 times
C)5 times
D)4 times
E)6 times

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The Answer of Calculate assets turnover for a car manufacturing company from the following information: Net income = $480,000
Expenses = $120,000
Land and building = $110,000
Cash at bank = $50,000
Inventories = $40,000
A)2 times
B)3 times
C)5 times
D)4 times
E)6 times

Calculate Assets Turnover for a Car Manufacturing Company from the Following