Calculate the ending total assets of landers

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Problem 1: During? 2018, Landers Corp. had net sales of? $17,000,000. The beginning total assets were? $8,300,000. The asset turnover ratio was 1.6 times. Calculate the ending total assets of Landers.? (Round any intermediate calculations to two decimal? places, and your final answer to the nearest? dollar.)

Option A. ?$6,375,000

Option B. ?$14,675,000

Option C. ?$8,300,000

Option D. ?$12,950,000

Reference no: EM132618453

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