A firms Total Assets is $4,000,000 and its Total Asset Turnover is 0.25. This firms Sales equals:
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Question:
A firms Total Assets is $4,000,000 and its Total Asset Turnover is 0.25. This firms Sales equals:
| a. | $250,000 | |
| b. | $1,000,000 | |
| c. | $16,000,000 | |
| d. | $40,000,000 |
Expert Answer:
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