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Jorge Limited Has Current Assets of £4

Question 26

Multiple Choice

Jorge Limited has current assets of £4.5m and non-current assets of £12.5m. In the year ended 31 December 2019, Jorge Limited generated revenue of £25.5m. What is Jorge Limited's non-current asset turnover?


A) £0.49
B) £1.50
C) £2.04
D) £5.67

Correct Answer:

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