Rural Hydroponics has total equity of $560,000; sales of $2,250,000; c
Rural Hydroponics has total equity of $560,000; sales of $2,250,000; current assets of $700,000; and
total liabilities of $435,000. What is Rural Hydroponics’ total asset turnover?
A) 2.26 B) 3.21 C) 4.02 D) 5.51
ANSWER
A
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