Multiple Choice
A firm has net working capital of $400, net fixed assets of $2,400, sales of $6,000, and current liabilities of $800.How many dollars worth of sales are generated from every $1 in total assets?
A) $1.33
B) $1.67
C) $1.88
D) $2.33
E) $2.50
Correct Answer:
Verified
Correct Answer:
Verified
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