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QUESTION 1 1 points Save A firm's total asset turnover increased from 0.75 to 0.90. Which of the following is true about the given data?
QUESTION 1 1 points Save A firm's total asset turnover increased from 0.75 to 0.90. Which of the following is true about the given data? a. Its assets have been efficiently used to derive the minimum!evel of gross profit. O b. Its assets have been efficiently used to derive the optimum level of sales. c. Its assets have been efficiently used to derive the minimum level of net income. O d.Its assets have been efficiently used to derive the optimum level of net income. QUESTION 2 1 points Save measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expenses. a. Earnings available to common shareholders b, Operating profit margin c. Net profit margin d, Gross profit margin
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