Question
alexander company had assets of 16 billion and stockholder equity of 8 billion on the first of janyuary 2015. On january 1, 2016 the alexander
alexander company had assets of 16 billion and stockholder equity of 8 billion on the first of janyuary 2015. On january 1, 2016 the alexander had assets of 30 billion and sotkcoldrs equity of 9 billion during 2015 alexander had total sales revenue of 9 billion and toal expenses of 7 billion. alexander company debt to assets ratio on january 1, 2016 is: 0.01 0.55 0.45 or 0.035 2. Which of the following statments is true ? 1. The asset turnonver ratio requires only info found on the income statement 2. The debt-to assets ratio requires only info found on the balnace sheet. 3. The debt to assets ratio and the asset turonver rattio are used to evaluete profability of the companny 3.Which of the followinmg statements regarding the asset turonver ratio is true? A. An asset turnover atio must be less than 1 B. The asset turnover ratio compares the amount of sales revenue for the priod of the book value of asets at the end of the period. C.The higher the ratio, the less the efficently the company is using its assets D. This ratio is nmot expressed as a percentage
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