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1 . Company A has a Net Income of $ 1 , 0 0 0 and has total assets of $ 3 , 0 0

1. Company A has a Net Income of $1,000 and has total assets of $3,000. Company B has a Net Income of $800 and has total assets, of $2,000. Which company has the better return on assets? Why? (give mathematical reason)
2. For its 25 pack of plastic cups, Dollar General began the year with $300 in inventory. On Dec 31st, it had $500 in inventory. What was DGs average inventory for plastic cups?
3. Using the same inventory #s as in question #2, say Dollar Generals sales for the year in the plastic cups was $8,000 at retail. At cost, these $8,000 were equal to $4,000. What was DGs turn for cups?
4. Would you say that the inventory turn you got for DG in question #3 is good? Why or why not?

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