Author Question: A total asset turnover of .9 means that every (Read 36 times)

olgamartinez04 · **on:** Mar 29, 2022

Question 1

A lending institution would prefer that a firm have a ________ debt-equity ratio and a ________ times interest earned ratio.
◦ higher; higher
◦ higher; lower
◦ lower; higher
◦ lower; lower

Question 2

A total asset turnover of .9 means that every
◦ $1 in sales is supported by $9.00 of assets.
◦ $0.90 in assets produces $1 in net earnings.
◦ $1 in total assets is replaced on average every .9 years.
◦ $1 in assets produces $0.90 in sales.

KobyRhoads · **Reply #1 on:** Mar 29, 2022

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