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Whitt's BBQ Has Sales of $1,318,000, a Profit Margin of 7.4

Question 84

Multiple Choice

Whitt's BBQ has sales of $1,318,000, a profit margin of 7.4 percent, and a capital intensity ratio of .78.What is the total asset turnover rate?

A) 1.04
B) 1.08
C) 1.13
D) 1.43
E) 1.28

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