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Basic Question 0 of 5

Given the following data: Sales = 2000; Cost of goods sold = 1500; Average total assets = 1600; Average inventory = 100, calculate the asset turnover ratio.

A. 1.25
B. 0.9375
C. 1.33
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User Contributed Comments 1

User Comment
danlan It's Sales/Average Total Assets=2000/1600=1.25
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain systematic and nonsystematic risk, including why an investor should not expect to receive additional return for bearing nonsystematic risk

CFA® 2025 Level I Curriculum, Volume 2, Module 2.