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Exhibit 19-5 Ridgeline Corporation Has the Following Operating Data for the Year

Question 131

Multiple Choice

Exhibit 19-5 Ridgeline Corporation has the following operating data for the year:
Exhibit 19-5 Ridgeline Corporation has the following operating data for the year: -Refer to Exhibit 19-5. Given the above data for Ridgeline Company, what is the asset turnover assuming the minimum rate of return on assets is 10%? A) 1.0 B) 1.5 C) 2.6 D) 3.2
-Refer to Exhibit 19-5. Given the above data for Ridgeline Company, what is the asset turnover assuming the minimum rate of return on assets is 10%?


A) 1.0
B) 1.5
C) 2.6
D) 3.2

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