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Following Is Some Financial Information of Dell Inc -What Is Dell's Asset Turnover for 2006?
A)2

Question 32

Multiple Choice

Following is some financial information of Dell Inc. 20062005 Revenues $49,205$41,444 Net income 3,0432,645 Total assets 23,21519,311 Shareholder’s equity 6,4856,280 Cash flow from operations 5,3103,670 Basic earnings per share 1.211.03 Book value per share 2.612.46 Closing stock price 33.4423.86\begin{array} { l r r } & 2006 & { 2005 } \\\text { Revenues } & \$ 49,205 & \$ 41,444 \\\text { Net income } & 3,043 & 2,645 \\\text { Total assets } & 23,215 & 19,311 \\\text { Shareholder's equity } & 6,485 & 6,280 \\\text { Cash flow from operations } & 5,310 & 3,670 \\\text { Basic earnings per share } & 1.21 & 1.03 \\\text { Book value per share } & 2.61 & 2.46 \\\text { Closing stock price } & 33.44 & 23.86\end{array}
-What is Dell's asset turnover for 2006?


A) 2.12
B) 3.58
C) 3.65
D) 2.31

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