Successful cataloging requires an enhanced database that allows for targeting of recipients

Local, state, and federal governments use accounting information to calculate income taxes

Indicate whether the statement is true or false

On January 1, 2017 Hillop, Inc had total assets of $369,000 During the year, the company purchased new machinery worth $90,000 and promised to pay the amount due after two years. Throughout the year, it earned revenue of $59,000 every month. Calculate the asset turnover ratio.

A) 1.04 times B) 1.80 times C) 1.71 times D) 1.54 times