If a company has a net income of ($400) million, revenues of ($1) billion, and total assets
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If a company has a net income of \($400\) million, revenues of \($1\) billion, and total assets of \($800\) million, its total asset turnover and return on assets, respectively, are:
A. 2 times and 40%.
B. 1.25 times and 40%.
C. 1.25 times and 50%.
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Related Book For 
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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