Liberty Corporation reported beginning and ending total assets of $25,000 and $22,000, respectively. Its net sales for the year were $18,800. What was Liberty's asset turnover ratio?
a.) 0.75
b.) 0.85
c.) 0.80
d.) 1.25
Ans: c.) 0.80
Business
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Jim Grunig created the enlightened self-interest model for ethical behavior in public relations to advocate that for business to do well, it must do good
Indicate whether the statement is true or false
Business
Refer to Table 5-1. At 600 units of production, the Steel Shelf Company has total revenue of
A) $6,000. B) $1,000. C) $5,000. D) $12,000.
Business