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13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? * O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X e) None of the above

13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? * O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X e) None of the above

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? * O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X e) None of the above 14 Zoom has inventory turnover of 4x, it has sales of $200,000, in addition it has current assets of $270,000 and current liabilities of $80,000. The quick ratio for the company is: a) 2.75x b) 2.80x c) 3.37x d) 4..23x e) None of the above
Transcribed Image Text:13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? * O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X e) None of the above 14 Zoom has inventory turnover of 4x, it has sales of $200,000, in addition it has current assets of $270,000 and current liabilities of $80,000. The quick ratio for the company is: a) 2.75x b) 2.80x c) 3.37x d) 4..23x e) None of the above
15. Zoom has Quick ratio of 3x, sales of $120,000, in addition it has curren assets of $170,000 and current liabilities of $50,000. The inventory turnover ratio for the company is: * O a) 3.00x O b) 4.00x c) 5.00x d) 6.00x e) None of the above
Transcribed Image Text:15. Zoom has Quick ratio of 3x, sales of $120,000, in addition it has curren assets of $170,000 and current liabilities of $50,000. The inventory turnover ratio for the company is: * O a) 3.00x O b) 4.00x c) 5.00x d) 6.00x e) None of the above
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