Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 9RE: For the current year, Vidalia Company reported revenues of 250,000 and expenses of 225,000. At the...
Related questions
Question
pregunta anexa
question in image
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning