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

Analysis and communication of accounting information — practice question

The following figures have been taken from a business’s financial statements. Revenue $=135000$, total capital employed $=575000$, non-current assets $=180000$. Calculate the non-current asset turnover.

  • A$0.31$ times
  • B$0.75$ times
  • C$1.33$ times
  • D$3.19$ times

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