A firm with a total asset turnover lower than industry standard ...

[ss2343]

A firm with a total asset turnover lower than industry standard may have ________.
 
  A) excessive debt
  B) excessive interest costs
  C) insufficient sales
  D) insufficient fixed assets

Question 2

Preferred stockholders must receive their stated dividends prior to the distribution of any earnings to common stockholders and bondholders.
 
  Indicate whether the statement is true or false

[popopong]

Answer to Question 1

C

Answer to Question 2

FALSE

[ss2343]

Thank you

[popopong]

No problemo