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The asset turnover of Ryan Company is 7.2. The total assets of Ryan are $88,000. What were Ryan's net sales?
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The asset turnover of Ryan Company is 7.2. The total assets of Ryan are $88,000. What were Ryan's net sales?

User Manish Basantani
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In order to find the answer to this you would need to divide. So I divided $88,000 from 7.2 and I got the answer: 12,222.22
User Daniel W Strimpel
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User Simon GIS
asked Nov 11, 2017 125k views
The asset turnover of Ryan Company is 7.2. The total assets of Ryan are $88,000. Ryan's net sales were:
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