7. Given the following data:
Sales = 3200
Cost of goods sold = 1600
Average total assets = 1600
Average inventory = 200
Calculate the asset turnover ratio:
8. Efficiency ratios indicate:
I) How productively is the firm utilizing its assets.
II) How liquid is the firm.
III) How profitable is the firm.
IV) How highly is the firm valued by investors.
9.
Profitability ratios indicate:
I) How productively is the firm utilizing its assets.
II) How liquid is the firm.
III) How profitable is the firm.
IV) How highly is the firm valued by the investors.