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QUESTION 12 A firm has a net profit/pretax profit ratio of 0.75, an Assets/Equity of 2.0, a pretax profit/EBIT of 1.0, an ROE of 20%,

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QUESTION 12 A firm has a net profit/pretax profit ratio of 0.75, an Assets/Equity of 2.0, a pretax profit/EBIT of 1.0, an ROE of 20%, a current ratio of 8, and an EBIT/Sales of 10%. The firm's asset turnover is closest to O A. 1.67 OB. 1.33 OC.0.33 OD.3.0

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