A Firm Reported Working Capital of $5

question 14

Multiple Choice

A firm reported working capital of $5.5 million and fixed assets of $20 million. Its fixed asset turnover was 1.2 times. What was the firm's sales to working capital ratio?

• A) 2.21 times
• B) 4.36 times
• C) 5.19 times
• D) 6.03 times

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Definitions:

Colonoscopy Preparation

The steps taken to clean the colon, including dietary restrictions and laxatives, before undergoing a colonoscopy.

Watery Clear

A liquid that is transparent and free of any clouds or particles.

Large Intestine

The final section of the digestive system, responsible for water absorption and the formation of feces.

Stool Impaction

A condition where hard, dry bowel movements are packed tightly in the intestine or rectum, making them difficult to pass.