A Firm Has a (Net Profit / Pretax Profit Ratio)of

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) 0.3
B) 1.3
C) 2.3
D) 3.3
E) none of the above