GB 518 RANK Career Path Begins/gb518rank.com GB 518 RANK Career Path Begins/gb518rank.com | Page 25
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