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A Firm Has Net Working Capital of $2,715,net Fixed Assets

Question 37

Multiple Choice

A firm has net working capital of $2,715,net fixed assets of $22,407,sales of $31,350,and current liabilities of $3,908.How many dollars worth of sales are generated from every $1 in total assets?


A) $1.08
B) $1.14
C) $1.19
D) $1.26
E) $1.30

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