Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,000 Total assets: Beginning of year 360,000 280,000 End of year 430,000 360,000 a. Determine the asset turnover for 2019 and 2018. Round your answers to one decimal place.
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Home » Business » Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,000 Total assets: Beginning of year 360,000 280,000 End of year 430,000 360,000 a.