Question
A. Joshua's Antiques has a total asset turnover rate of 1.7, an equity multiplier of 1.2, a profit margin of 9 percent, a retention ratio
A. Joshua's Antiques has a total asset turnover rate of 1.7, an equity multiplier of 1.2, a profit margin of 9 percent, a retention ratio of 0.6, and total assets of $140,000. What is the sustainable growth rate?
Group of answer choices
7.34 percent
18.36 percent
7.93 percent
11.02 percent
12.38 percent
B. Which one of the following could be an intangible fixed asset for Logitech or Google T.V.?
Group of answer choices
Copyright on Kevin Bacon
Inventory of keyboards and mice
Machinery for creating plasma screens
Large account receivable for an order of 3-D glasses
Factory in China where remotes are made
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