Which one of the following best indicates a firm is utilizing its assets more efficiently than it has in the past? Decrease in the total asset turnover Decrease in the capital intensity ratio Increase in days' sales in receivables Decrease in the profit margin Decrease in the inventory turnover rate You want to borrow $40, 000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $775, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR loan? 5.9 percent 6.0 percent 6.1 percent 6.2 percent 7.2 percent The equity multiplier is equal to: one plus the debt-equity ratio. one plus the total asset turnover. total debt divided by total equity. total equity divided by total assets. one divided by the total asset turnover