A Kinston ﬁrm has net working capital of $2,580, net ﬁxed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total
Assets?
A) $1.27
B) $1.30
C) $1.67
D) $1.72
E) $1.75

Question

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The Answer of A Kinston ﬁrm has net working capital of $2,580, net ﬁxed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total
Assets?
A) $1.27
B) $1.30
C) $1.67
D) $1.72
E) $1.75

A Kinston ﬁRm Has Net Working Capital of $2,580, Net