A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2018 · Q191 Mark
The following information is available for the year ended 31 December 2017. $000 revenue 640 cost of sales 350 machinery at net book value 120 land and buildings at net book value 90 motor vehicles at net book value 20 current assets 50 equity 210 What was the non-current assets turnover?
A1.26 times
B2.29 times
C2.78 times
D3.05 times
✓ Correct answer
C: 2.78 times
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