Answered

Calculate the operating assets if the turnover of operating assets is 1.5 and net sales are [tex]$150,000.
$[/tex]150,000
[tex]$50,000
$[/tex]300,000
$100,000



Answer :

GinnyAnswer
To calculate the operating assets, we can use the formula:

[tex]\[ \text{Operating Assets} = \frac{\text{Net Sales}}{\text{Turnover of Operating Assets}} \][/tex]

Given values:
- Net Sales = [tex]$150,000 - Turnover of Operating Assets = 1.5 Now, substitute these values into the formula: \[ \text{Operating Assets} = \frac{150,000}{1.5} \] Perform the division: \[ \text{Operating Assets} = 100,000 \] So, the operating assets are $[/tex]100,000. Therefore, the correct answer is:

$100,000.

Other Questions