Senchack total asset turnover ratio


Problem:

The R. M. Senchack Corporation earned an operating profit margin of 6% based on sales of $11 million and total assets of $6 million last year.

Requirement:

Question: What was Senchack's total asset turnover ratio?

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Accounting Basics: Senchack total asset turnover ratio
Reference No:- TGS0891284

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