Coke has the better turnover for both
years
Pepsi has the better turnover for both
years
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