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In 1989 the most famous (infamous) Leverage Buy Out (LBO) was completed - the buyout of RJR-Nabisco by the takeover kings KKR. One of KKR's

In 1989 the most famous (infamous) Leverage Buy Out (LBO) was completed - the buyout of RJR-Nabisco by the takeover kings KKR. One of KKR's concerns was the spending of millions of dollars on a fleet of 6 corporate jets. If you were looking at RJR's financial statements and decided to check that concern out by using ratio analysis, which of the following ratios would be most useful:

Group of answer choices

The Current Ratio

The Total Asset Turnover ratio

The Inventory Turnover ratio

The P/E, Price/Earnings ratio

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