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Author Question: Picasso's Paints has net sales of $1,020,000, net income of $74,000, average current assets of ... (Read 58 times)

Brittanyd9008

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Picasso's Paints has net sales of $1,020,000, net income of $74,000, average current assets of $43,000, average fixed assets of $170,000, and average total assets of $213,000. What is Picasso's fixed asset turnover ratio? (Round your final answer to two decimal places.)
◦ 23.72
◦ 4.79
◦ 0.17
◦ 6.00


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Marked as best answer by Brittanyd9008 on Feb 19, 2020

Tonyam972

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Brittanyd9008

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


brbarasa

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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