Surest for Grading Multiple Choice 1-0 Question 1 of 33 Hardwig Inc. Hartwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales are expected to total $3,600,000, its fixed assets turnover ratio equals 4.0, and its debt and common equity are each 50% of total assets. EBIT is $150,000, the interest rate on the firm's debt is 10%, and the tax rate is 40%. If the company follows a restricted policy, its total assets turnover will be as. Under a relaxed policy its total assets tumover will be 2.2. Refer to the data for Hardwig, Ine. What's the difference in the projected Rolls under the restricted and relaxed policies? 4.2. . 120 6.216 150 Multiple Choice Su Test for Grading C 7 8 E R. T Y U o