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Peggy Grey's Cookies Has at the End of the Year

Question 51

Multiple Choice

Peggy Grey's Cookies has at the end of the year, Sales of $140,000, Total Assets of $115,000 and Net Income of $50,000.Calculate the Total asset turnover and Capital intensity?


A) 1.2174 and 0.8214.
B) 1.2174 and 1.
C) 1 and 0.8214
D) 2.8 and 0.3571.
E) 2.3 and 0.4348.

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