What are total assets, A firm's sales are $10,000,000 and

What are total assets

Assignment Help Financial Management

Reference no: EM131020263

A firm's sales are $10,000,000 and net income is $1,000,000, the total asset turnover, TAT, is 2 times. The firm is 100% equity financed! What are total assets? (use TAT formula)

Reference no: EM131020263

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