5. Measuring efficiency (S29.3) a. If a firms assets of $10,000 represent 200 days sales, what is...

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5. Measuring efficiency (S29.3)

a. If a firm’s assets of $10,000 represent 200 days’ sales, what is its annual sales?

b. What is its asset turnover ratio?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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