Whitts BBQ has sales of 348000 a total assets of 322222 What

Whitt\'s BBQ has sales of $348,000, a total assets of $322,222 What is the total asset turnover rate? 1) 1.04 2) 1.08 3) 1.13 4) 1.29 5) 1.43 Answer is 2) 1.08 Explanation: Total sales 348000 Divide: Total assets 322222 Assets Turnover ratio 1.08

$Whitt\'s BBQ has sales of $348,000, a total assets of $322,222 What is the total asset turnover rate? 1) 1.04 2) 1.08 3) 1.13 4) 1.29 5) 1.43 Solution Answer i$