Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

A business supplied this information. Revenue for the year: $390000$ Non-current assets at cost at the end of the year: $260000$ Accumulated depreciation at the end of the year: $65000$ Calculate the non-current asset turnover.

  • A0.5 times
  • B0.67 times
  • C1.5 times
  • D2 times

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