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Bonner Corp's sales last year were $415,000, and its year-end total assets were $355,000. The avg firm in the industry has a TATo of 2.4. Bonner new CEO believes the firm has excess assets that can be sold to bring TATO down to industry average w/o affect

Question regarding total asset turnover

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Bonner Corp's sales last year were $415,000, and its year-end total assets were $355,000. The avg firm in the industry has a TATo of 2.4. Bonner new CEO believes the firm has excess assets that can be sold to bring TATO down to industry average w/o affect
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