Flask Company reports net sales of $2,190 million; cost of goods sold of $2,060 million; net income of $410 million; and average total assets of $1,960 million. Compute its total asset turnover.

1.12

Explanation:

Flask company has a net sales of $2,190 million

The cost of goods sold is $2,060 million

Net income is $410 million

Average total assets is $1,960

Therefore it's total assets turnover can be calculated as follows

= sales/Total assets turnover

= $2,190 million/$1,960 million

= 1.12

answerpounds of plastic to purchase 200+60-20=(240);

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.