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    Financial Management Principles and Applications Study Set 2
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    Exam 4: Financial Analysis-Sizing up Firm Performance
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    Storm King Associates Has a Total Asset Turnover Ratio of 1.90
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Storm King Associates Has a Total Asset Turnover Ratio of 1.90

Question 13

Question 13

Multiple Choice

Storm King Associates has a total asset turnover ratio of 1.90 and a return on total assets of 7.20%. What is Storm King's net profit margin?


A) 3.79
B) 13.68
C) 9.10
D) None of the above

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