After collecting an advance rental fee of $75, you are unable to provide your cli- ent with a rental that suits her. When she requests a refund, upon expiration of her rental contract, you must return
A. nothing, if you provided a list of at least three rentals.
B. $50.
C. $25.
D. $40.
Answer: C. $25.
Business
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AZ Sales has a total revenue of $318,400, cost of goods sold equal to 72 percent of sales, and a profit margin of 8.1 percent. Net fixed assets are $154,500 and current assets are $89,500. What is the total asset turnover rate?
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Business