Can anyone answear this question?

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Firm has revenue of £420,000 and capital of £350,000.
What is the asset turnover?

Gem x

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Can anyone answear this question?

    £450,000 turnover/£350,000 capital = 1.2 times
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Can anyone answear this question?

    Thank You!

    Thats what i got!

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