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O Use cash to reduce accruals O Use cash to reduce short-term notes payable. O...

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O Use cash to reduce accruals O Use cash to reduce short-term notes payable. O Use cash to reduce accounts payable QUESTION 30 Ryngard Corp's sales last year were $43,000, and its total assets were $16,000 What was its total assets turnover ratio (TATO)? O 250 O 2.28 O 271 O 3.06 O 2.69 QUESTION 31 Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin? 9.57%

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