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Basic Question 0 of 20
Given the following data: Sales = 2000; Cost of goods sold = 1500; Average total assets = 1600; Average inventory = 100, calculate the asset turnover ratio.
B. 0.9375
C. 1.33
A. 1.25
B. 0.9375
C. 1.33
User Contributed Comments 1
| User | Comment |
|---|---|
| danlan | It's Sales/Average Total Assets=2000/1600=1.25 |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain how deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis
CFA® 2025 Level I Curriculum, Volume 3, Module 9.