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years

Pepsi has the better turnover for both

Coke ' s turnover is improving Coke ' s credit policies are too loose

Coke is collecting its receivables more quickly than Pepsi in both years

Question 11. Question: A company had average total assets of $ 897,000. Its gross sales were $ 1,090,000 and its net sales were $ 1,000,000. The company ' s total asset turnover is equal to:

0.82 0.90 1.09 1.11 1.26

Question 12. Question: A company purchased a delivery van for $ 23,000 with a salvage value of $ 3,000 on September 1, 2010. It has an estimated useful life of 5 years. Using the

years

Pepsi has the better turnover for both

Coke ' s turnover is improving Coke ' s credit policies are too loose

Coke is collecting its receivables more quickly than Pepsi in both years

Question 11. Question: A company had average total assets of $ 897,000. Its gross sales were $ 1,090,000 and its net sales were $ 1,000,000. The company ' s total asset turnover is equal to:

0.82 0.90 1.09 1.11 1.26

Question 12. Question: A company purchased a delivery van for $ 23,000 with a salvage value of $ 3,000 on September 1, 2010. It has an estimated useful life of 5 years. Using the