This topic contains a solution. Click here to go to the answer
« previous next »

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 316 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

F


RRMR

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Excellent

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Total parenteral nutrition through a catheter in the right subclavian Total parenteral nutrition through a catheter in the right subclavian
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library