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Asset Management and Debt Management Ratios Use the Following Information

Question 61

Multiple Choice

Asset Management and Debt Management Ratios Use the following information to calculate current assets: sales = $12 million,capital intensity ratio = 4 times,debt ratio = 45 percent,and fixed asset turnover ratio = 2.5 times.


A) $4.8m
B) $21.6m
C) $43.2m
D) $48m

Correct Answer:

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