Asset turnoverForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Asset turnoverThis topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 26, 2014 at 7:37 pm #196570 snahsParticipantTopics: 9Replies: 14☆Mock exam section bsales $500,000 purchase $ 200,000 operating profit $ 40,000 capital employed $ 200,000calculate the asset turnover.my answer 500000/ 200000= 2.5 / 3but the correct answer was 5. please explain September 27, 2014 at 6:55 am #196604 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆You are correct the answer should be 2.5I do apologise. The test has now been corrected.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In