EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Assets turnover??

Champion Company has:
Sales
$20 million
Total debt $1.5 million
Debt ratio 40%
What is Champion's total asset turnover?
a. 13.33
b. 9.11
c. 6.55
d. 5.33
e. 4.11
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Transcribed Image Text:Champion Company has: Sales $20 million Total debt $1.5 million Debt ratio 40% What is Champion's total asset turnover? a. 13.33 b. 9.11 c. 6.55 d. 5.33 e. 4.11
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EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:9781337514835
Author:MOYER
Publisher:CENGAGE LEARNING - CONSIGNMENT