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

Analysis and communication of accounting information — practice question

The data below are provided. non-current assets at cost at 31 December 2021 $400000 provision for depreciation at 31 December 2021 $280000 sales revenue for the year 2021 $980000 cost of sales for the year 2021 $410000 What is the non-current asset turnover in times?

  • A1.03
  • B2.45
  • C3.42
  • D8.17

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