Multiple Choice
If Power-On Inc.has a total asset turnover of 1.8, a fixed asset turnover of 3.2, a debt ratio of 0.5 and a total debt of $200,000, then fixed assets are
A) $56,250
B) $711,111
C) $225,000
D) $62,250
Correct Answer:
Verified
Correct Answer:
Verified
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