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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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    Wireless Communications Has a Total Asset Turnover of 2
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Wireless Communications Has a Total Asset Turnover of 2

Question 8

Question 8

Multiple Choice

Wireless Communications has a total asset turnover of 2.66, total liabilities of $1,004,162, and sales revenues of $7,025,000. What is Wireless's debt ratio?


A) 38.0%
B) 14.3%
C) 26.7%
D) 81.1%

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