1. Selected current year company information follows: Net income ...................................$ 15,953 Net Sales.........................................712,855 Total liabilities,...
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Accounting
1. Selected current year company information follows:
Net income ...................................$ 15,953
Net Sales.........................................712,855
Total liabilities, beginning-year...............83,932
total liabilities, end-of-year..................103,201
total stockholders' equity, beginning-year....198,935
total stockholders' equity, end-of-year........121,851
Total asset turnover is
a. 2.24 times
b. 2.81 times
c. 3.64 tiems
d. 4.67 times
e. 6.28 times
The return on total assets is:
a. 2.24%
b. 2.81%
c. 3.64%
d. 4.67%
e. 6.28%
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