Multiple Choice
Gracie Human Resource Consulting has total revenue of $285,400, cost of goods sold equal to 68 percent of sales, and a profit margin of 9.2 percent.Net fixed assets are $126,400 and current assets are $65,880.What is the total asset turnover rate?
A) 1.01
B) 1.30
C) 1.48
D) 1.84
E) 4.81
Correct Answer:
Verified
Correct Answer:
Verified
Q58: Which ratio was primarily designed to monitor
Q59: The Blue Lagoon has a return on
Q60: Last year, a firm earned $67,800 in
Q61: It takes K's Boutique an average of
Q62: Financial statement analysis:<br>A)is primarily used to identify
Q64: Donegal's Industrial Products wishes to maintain a
Q65: DJ's has a total asset turnover rate
Q66: Galaxy Sales has sales of $938,300, cost
Q67: If sales are $211,000, the profit margin
Q68: A common-size balance sheet helps financial managers