Arshadi Corp

question 86

Multiple Choice

Arshadi Corp.'s sales last year were $52,000, and its total assets were $22,000.What was its total assets turnover ratio (TATO) ?

• A) 2.03
• B) 2.13
• C) 2.25
• D) 2.36
• E) 2.48

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Definitions:

Corporate Chain

A series of connected businesses that operate under a parent company or brand.

Form Of Ownership

The legal and structural configuration of an organization, determining aspects like liability, taxation, and decision-making processes (e.g., sole proprietorship, partnership, corporation).

Independent Retailers

Independent retailers are businesses that are privately owned and operated, distinct from larger chain or franchise stores, often characterized by a high level of personal service and uniqueness.

Contractual Systems

Legal agreements that establish the terms and responsibilities between parties, often used in franchising, licensing, and distribution arrangements.