Liberty Corporation reporting 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

You might also like to view...

Craftsmen will tell you they have to work many years to become experts in their craft

a. correct sentence b. pronoun agreement error c. parallelism error

Business

The concept of ________ considers how strongly people's reasons for pursuing goals are consistent with their interests and core values

A) self-serving bias B) self-fulfilling prophecy C) self-concordance D) self-actualization E) self-efficacy

Business