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Basic Question 0 of 6
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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe collateralized debt obligations, including their cash flows and risks
CFA® 2025 Level I Curriculum, Volume 4, Module 18.