A Kingston Firm Has Net Working Capital of $2,580, Net

question 219

Multiple Choice

A Kingston firm has net working capital of $2,580, net fixed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total assets?

• A) $1.27
• B) $1.30
• C) $1.67
• D) $1.72
• E) $1.75

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Definitions:

Alarm Reaction

The initial stage of the body's response to stress, activating the sympathetic nervous system and the release of stress hormones.

GAS

General Adaptation Syndrome, a three-stage process that describes the physiological changes the body goes through when under stress.

Acute Reaction

A sudden and severe response, either physiological or psychological, to an external stimulus or situation.

Positive Stressor

A beneficial stress that motivates or enhances psychological growth or physical health.