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could you solve these things? Asset turnover ratio helps inventors to understand how effectively businesses are using their assets to generate sales. Which business is
could you solve these things?
Asset turnover ratio helps inventors to understand how effectively businesses are using their assets to generate sales. Which business is likely to have low asset turnover? Select one: O A. Apparel boutiques OB. Utilities companies O C. Food catering businesses OD. Tertiary education institutes Resolute Bhd has a quick ratio of 1.2:1 and its current liabilities amount to RM200,000. If it purchased RM40,000 of inventory on credit, what will happen to the new quick ratio? Select one: O A. The effect cannot be determined OB. Lower O C. Higher OD. No change. The ratio is not affected by the transaction A firm has average total assets of $800,000 and average total liabilities of $200,000. If profit after tax is $120,000, what is its return on shareholders' funds? Select one: O A. 20% OB. 12.5% OC. 9% OD 8%Step by Step Solution
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