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Author Question: Raven Industries has net sales of $1,230,000, net income of $85,000, average current assets of ... (Read 46 times)

mrsjacobs44

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Raven Industries has net sales of $1,230,000, net income of $85,000, average current assets of $48,000, average fixed assets of $186,000, and average total assets of $234,000. What is Raven's fixed asset turnover ratio? (Round your final answer to two decimal places.)
◦ 6.61
◦ 25.63
◦ 5.26
◦ 0.15


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Marked as best answer by mrsjacobs44 on Feb 19, 2020

debra928

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mrsjacobs44

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Reply 2 on: Feb 19, 2020
YES! Correct, THANKS for helping me on my review


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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