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Sales of Slider Ltd Are $250 Million and the Operating

Question 11

Multiple Choice

Sales of Slider Ltd are $250 million and the operating profit after tax is $25 million. Asset turnover is 4 times p.a. What is the value of Slider Ltd's total assets?


A) $6.25 million
B) $10 million
C) $62.5 million
D) $100 million

Correct Answer:

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