а. 1.15. d. 0.87. b. 1.10. е. 1.05. с. 0.91.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section10.4: Internal Rate Of Return (irr)
Problem 6ST
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A company had average total assets of $500,000, gross sales of $575,000, and net sales of $550,000. The company’s total asset turnover is: 

а. 1.15.
d. 0.87.
b. 1.10.
е. 1.05.
с. 0.91.
Transcribed Image Text:а. 1.15. d. 0.87. b. 1.10. е. 1.05. с. 0.91.
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