The asset turnover of ryan company is 7.2. the total assets of ryan are $88,000. what were ryan's net sales? a. $63,360 b. $633,600 c. $6,336 d. $633,000

B. $633,600

Explanation:

The formula to calculate Asset turnover is:

A=R/S

A is asset revenue, R is revenue and S is assets

So you clear the R from the equation in order to solve for revenue:

R=A*S

insert the known values into the formula:

R=A*S

R=7.2*88,000

R=633,600

So the answer is B. $633,600

answer; i believe that the correct answer is ( owners investment)

d. low interest rates