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Author Question: Bonner Corp.s sales last year were $530,000, and its year-end total assets were $403,000. The ... (Read 94 times)

olsonmanny@gmail.com

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on: Aug 7, 2023
Bonner Corp.’s sales last year were $530,000, and its year-end total assets were $403,000. The average firm in the industry has a total assets turnover ratio (TATO) of 3.1. Bonner’s new CFO believes the firm has excess assets that can be sold so as to bring the TATO down to the industry average without affecting sales. By how much must the assets be reduced to bring the TATO to the industry average, holding sales constant?

◦

$221,420


◦

$232,032


◦

$245,330


◦

$260,080

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Marked as best answer by olsonmanny@gmail.com on Aug 7, 2023

BryanAultm

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olsonmanny@gmail.com

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

nanny

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

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