Use the following information to calculate current assets: sales = $12 million, capital intensity ratio = 4 times, debt ratio = 45 percent, and fixed asset turnover ratio = 2.5 times.
A) $4.8m
B) $21.6m
C) $43.2m
D) $48m

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The Answer of Use the following information to calculate current assets: sales = $12 million, capital intensity ratio = 4 times, debt ratio = 45 percent, and fixed asset turnover ratio = 2.5 times.
A) $4.8m
B) $21.6m
C) $43.2m
D) $48m

Use the Following Information to Calculate Current Assets: Sales =