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The Goldie House of Fashion has Asset Turnover of 3.75X. What does it mean? a. That each dollar of Goldies asset generates $3.75 in sales

The Goldie House of Fashion has Asset Turnover of 3.75X. What does it mean?

a. That each dollar of Goldies asset generates $3.75 in sales

b. That each dollar of stockholders equity generates $3.75 of profit

c. That Goldies EPS is $3.75

d. That each dollar of Goldies Equity generates a deficit of $3.75

e. None of the above.

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