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The following four companies compete in a certain industry. In total, these 4 companies make up 75% of the total market for their industry A
The following four companies compete in a certain industry. In total, these 4 companies make up 75% of the total market for their industry A B Revenue $1,000 $3,000 $5,000 $7,500 COGS 500 1,650 2,800 5,250 Gross Profit 500 1,350 2,200 2,250 Net Income 200 450 500 375 Total Assets 1,600 5.000 10,000 6,250 How much more revenue would Company B have to generate with their current asset level, to achieve D's asset turnover ratio? O $125 O ($500) O $3,000 O No chage. B already is achieving an asset turnover ratio equal to D
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