Question: please help 49. Total asset turnover indicates the management's efficiency in: a. generating sales revenue. b. using company's resources. c. reducing its operating expenses. d.

please help please help 49. Total asset turnover indicates the management's efficiency in: a.

49. Total asset turnover indicates the management's efficiency in: a. generating sales revenue. b. using company's resources. c. reducing its operating expenses. d. maintaining liquidity. e. increasing dividend income. 50.Janus Corporation purchases all of the outstanding stock of Paula Company for $500,000. The net assets of Paula have a fair value of $350,000 which includes a copyright with a book value of $6,000 and a fair value of $80,000. Determine the amount of goodwill to be reported on consolidated financial statements on the date of purchase? a. $156,000 b. $144,000 c. $74,000 d. $70,000 e. $150,000

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