Question
Thompson Corp. has a NPM of 11.5%. They reported earnings after tax of $632,500. If they had net fixed assets of $1,500,000 and current assets
Thompson Corp. has a NPM of 11.5%. They reported earnings after tax of $632,500. If they had net fixed assets of $1,500,000 and current assets of $750,000, what are their fixed asset turnover and total asset turnover ratios?
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Small Brewery Finance
Authors: Maria Pearman
1st Edition
1938469526, 978-1938469527
