Based on Byrons forecast, NinMounts 2009 total asset turnover ratio on beginning assets under the equity method

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Based on Byron’s forecast, NinMount’s 2009 total asset turnover ratio on beginning assets under the equity method is most likely :

A . lower than if the results are reported using consolidation.

B . the same as if the results are reported using consolidation.

C . higher than if the results are reported using consolidation.

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International Financial Statement Analysis

ISBN: 9781118999479

3rd Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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