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Author Question: A retailer has a net profit of 1,000,000, total assets of 12,000,000, a 2.5 asset turnover ratio, ... (Read 337 times)

RRMR

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on: Jun 29, 2018
A retailer has a net profit of 1,000,000, total assets of 12,000,000, a 2.5 asset turnover ratio, and a net worth of 5,000,000 . What is its financial leverage ratio?
 a. .083 times
  b. .500 times
  c. 2.00 times
  d. 2.40 times
  e. 4.80 times

Question 2

Agents and brokers are two types of primary channel institutions.
 
 Indicate whether the statement is true or false


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kardosa007

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

F


RRMR

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Reply 2 on: Jun 29, 2018
:D TYSM

okolip

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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