If a company has a net income of ($400) million, revenues of ($1) billion, and total assets

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If a company has a net income of $$400$ million, revenues of $$1$ billion, and total assets of $$800$ million, its total asset turnover and return on assets, respectively, are:

A. 2 times and 40%.

B. 1.25 times and 40%.

C. 1.25 times and 50%.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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Question Posted: Apr 25, 2024 03:32 AM

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If a company has a net income of ($400) million, revenues of ($1) billion, and total assets

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Analysis Of Financial Statements

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