CrossSport Had Average Total Assets of $697,000

question 189

Multiple Choice

CrossSport had average total assets of $697,000.Its gross sales were $3,090,000 and its net sales were $2,000,000.CrossSport's total asset turnover was

• A)2.87
• B).82
• C)1.2
• D).64
• E).34

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Definitions:

Granulating

The process in wound healing where new, vascular tissue forms, typically appearing as small, red, grain-like bumps.

Hydrogen Peroxide

A chemical compound (H2O2) used as an oxidizer, bleaching agent, and antiseptic.

Exudate

A fluid rich in protein and cellular elements that oozes out of blood vessels due to inflammation, and which accumulates in tissues or on tissue surfaces.

Appropriate Dressing

Refers to wearing clothing that is suitable for a particular occasion, environment, or cultural expectation.