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 2 years ago
Bill's Pizza has an asset turnover of 3.5. The total assets of Bill's were $95,000. The net sales of Bill's Pizza is:
 2 years ago
Bill's Pizza has an asset turnover of 3.5. The total assets of Bill's were $95,000. The net sales of Bill's Pizza is:

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Kelumptus
 2 years ago
Best ResponseYou've already chosen the best response.0So the first step of the problem is to work out how much assets we started with. So this should be 95,000 / 3.5 right?

Kelumptus
 2 years ago
Best ResponseYou've already chosen the best response.0So if we know how much assets we started with, then i'll leave it to you to work out how much sales were actually made =)

Kelumptus
 2 years ago
Best ResponseYou've already chosen the best response.0Let me know if you get stuck
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