The Financial Statements of Midwest Tours Are Given Below

question 59

Multiple Choice

The financial statements of Midwest Tours are given below. Note: The common shares are trading in the stock market for $36 each.
Refer to the financial statements of Midwest Tours. The firm's asset turnover ratio for 2009 is

• A) 1.86.
• B) 0.63.
• C) 0.83.
• D) 1.63.

---

Definitions:

Biological Predispositions

An individual's susceptibility or tendency to develop certain conditions or behaviors based on genetic factors.

Associative Learning

The process by which a connection is made between two stimuli or between a behavior and a response, often leading to a change in behavior.

Aversion

A strong feeling of dislike or disinclination towards something, often used in psychology to refer to a conditioned response to certain stimuli.

Rapid Conditioning

A process by which an organism quickly learns to associate a specific behavior with a particular outcome.