Asset Management and Debt Management Ratios 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 Asset Management and Debt Management Ratios 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

Asset Management and Debt Management Ratios Use the Following Information