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A firm has a net profit/pretax profit ratio of 0.600, an Assets/Equity of 2.0, a pretax profit/EBIT of 1.0, an ROE of 20%, a current

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A firm has a net profit/pretax profit ratio of 0.600, an Assets/Equity of 2.0, a pretax profit/EBIT of 1.0, an ROE of 20%, a current ratio of 8, and an EBIT/Sales of 10%. The firm's asset turnover is closest to A. 1.33 B. None of the options C.3.0 D. 1.67 E. 0.33

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