Kenny Rogers Roasters recently reported $92,560 in Cash $878,000 , $878,000 in Accounts Receivable, $1,716,000 in...

Kenny Rogers Roasters recently reported $92,560 in Cash $878,000 , $878,000 in Accounts Receivable, $1,716,000 in Inventory, $5,340,000 in Sales, $745,060 in net fixed assets, $3,431,620 in Total Assets, and $941,800 in Current Liabilities. What is the total asset turnover for Kenny Rogers Roasters? (round to two decimals)

		None of the above
		6.76
		1.56
		0.68
		1.47

Expert Solution

calc:

jeff jeffy answered 2 years ago

Kenny Rogers Roasters recently reported $92,560 in Cash, $878,000 in Accounts Receivable, $1,716,000 in Inventory, $205,000...

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