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Exam CSCP topic 1 question 119 discussion

Actual exam question from APICS's CSCP
Question #: 119
Topic #: 1
[All CSCP Questions]

A company has an asset turnover ratio of 1.8, inventory of $3,000, a 20% profit margin, and $5,000 in total assets. What is the total sales volume for the company?

  • A. $5,400
  • B. $9,000
  • C. $15,000
  • D. $25,000
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Suggested Answer: B 🗳️
by PMP1 at Nov. 8, 2021, 7:51 a.m.

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PMP1
Highly Voted 3 years ago
Asset Turnover ratio = Sales / Total Assets ie. Sales = 1.8 * 5000 = 9000
upvoted 6 times
...
Sam_San
Most Recent 2 years, 2 months ago
3000*1,8 = 5400 3000*1,2= 3600 5400+3600 = 9000
upvoted 1 times
...

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