Multiple Choice
A firm has a (net profit/pretax profit ratio) of 0.625,a leverage ratio of 1.2,a (pretax profit/EBIT) of 0.9,an ROE of 17.82%,a current ratio of 8,and a return on sales ratio of 8%.The firm's asset turnover is ________.
A) 1.3
B) 2.3
C) 3.3
D) 4.3
E) none of these
Correct Answer:
Verified
Correct Answer:
Verified
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