A firm has a net profit/pretax profit ratio of 0.625, a leverage ratio of 1.2, a pretax profit/EBIT of 0.9, an ROE of 17.82%, a current ratio of 8, and a return on sales ratio of 8%. The firm's asset turnover is
A) 0.3.
B) 1.3.
C) 2.3.
D) 3.3.
Correct Answer:
Verified
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