Give true answer A firm has net working capital of $570, netfixed assets of $2,316, sales of $6,800, andcurrent liabilities of $880. How manydollars worth of sales are generated fromevery $1 in total assets?a. $2.94b. $1.81c. $2.36d. $1.54e. $2.13

Formula:Total Asset Turnover = Sales / Total AssetsStep 1: Calculate Total AssetsTotal assets…

Answered: A firm has net working capital of $570,…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter2: Developing The Business Idea

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A firm has net working capital of $460, net fixed assets of $2,206, sales of $5,700, and current liabilities of $770. How many dollars worth of sales are generated from every $1 in total assets? O a. $2.58 O b. $1.66 O c. $1.92 O d. $1.67 O e. $2.14
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AMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500
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calculate sales margin for this account
14. Briggs Company has operating income of $33,516, invested assets of $133,000, and sales of $478,800. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin ____ % b. Investment turnover ____ c. Return on investment ____ %
A company had net income of $2,680,000, net sales of $25,100,000, and average total assets of $8,200,000. Its return on total assets equals: Multiple Choice O 32.67%. 10.68%. 32.68%. 305.97%. 3.06%.
A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.
Complete both
Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,058,000 in invested assets, sales of $1,229,000, income from operations amounting to $202,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 19.1% Ob. 16.4% Oc. 86.1% IC. Od. 12.0%
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A firm has net working capital of $570, net fixed assets of $2,316, sales of $6,800, and current liabilities of $880. How many dollars worth of sales are generated from every $1 in total assets? a. $2.94 b. $1.81 c. $2.36 d. $1.54 e. $2.13