Balani, Inc. had net sales of $52,000,000 for the year ended May 31, 2016. Its beginning and ending.

 
   

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadlines.  

Balani, Inc. had net sales of $52,000,000 for the year ended May 31, 2016. Its beginning and ending total assets were $53,200,000 and $98,400,000, respectively. Determine Balani s asset turnover ratio for year ended May 31, 2016. View Solution:
Balani Inc had net sales of 52 000 000 for the year