Solved: What is trentham total assets turnover ratio, Finance Basics

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What is trentham total assets turnover ratio

Question:

Trentham product currently has $2,000,000 in account receivable and its days sales outstanding is 33 days. if accounts receivable comprises half of the firm's current assets and Trentham has $6,000,000 in net fixed assets, what is Trentham's total assets turnover ratio?

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Finance Basics: What is trentham total assets turnover ratio

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