Mathematics, 15.12.2019 07:31, rfvelasco
on january 1, 2017 hilldale company had total assets of $ 360 comma 000. during the year, the company purchased new machinery worth $ 83 comma 000 and promised to pay the amount due after two years. throughout the year, it earned revenue of $ 51 comma 000 every month. calculate the asset turnover ratio.
a.
1.38 times
b.
1.18 times
c.
1.81 times
d.
1.52 times
Answers: 3
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on january 1, 2017 hilldale company had total assets of $ 360 comma 000. during the year, the compan...
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