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Shares Outstanding of Common Stock = 1,000,000

Question 91

Multiple Choice

Shares outstanding of common stock = 1,000,000 Shares outstanding of preferred stock = 500,000 Market price of common stock = $18. -The Total Asset Turnover ratio is: A) 4.25 times B) 0.235 times C) 2.35 times D) 4.25% Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Total Asset Turnover ratio is:


A) 4.25 times
B) 0.235 times
C) 2.35 times
D) 4.25%

Correct Answer:

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