Multiple Choice
Freda's, Inc. has sales of $3,200, current liabilities of $900, total assets of $3,000, and net working capital of $500. How many dollars' worth of sales are generated from every $1 in net fixed assets?
A) $.91
B) $1.07
C) $1.67
D) $2.00
E) $2.29
Correct Answer:
Verified
Correct Answer:
Verified
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