C2 If the revenue is P800,000.00 and the total asset turnover is 2.5x, what is the amount of total asset?A P3,125,000.00B P320,000.00P2,000,000.00D P200,000.00

Revenue = P800,000 Asset turnover ratio = 2.5x

Answered: If the revenue is P800,000.00 and the…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 8PA: Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the...

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If the revenue is P800,000.00 and the total asset turnover is 2.5x, what is the amount of total asset? A P3,125,000.00 B P320,000.00 P2,000,000.00 D P200,000.00