Hawk's Nest Corp Had Net Sales of $61,300 and Total

question 49

Multiple Choice

Hawk's Nest Corp had net sales of $61,300 and total assets of $155,400. Find the asset turnover ratio. (Round to the nearest hundredth)

• A) 0.39:1
• B) 1.08:1
• C) 28.09:1
• D) 230.96:1

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Definitions:

Fischer Projection

A two-dimensional representation of a molecule's structure to display chirality by projecting asymmetric carbon atoms.

(2S,3R)-2,3-Dihydroxybutanoic Acid

A specific stereochemical form of dihydroxybutanoic acid, an organic compound with two hydroxyl groups located at the second and third carbons.

Erythro

A descriptor in stereochemistry denoting molecules with similar substituents on the same side in a Fisher projection.

Threo

Refers to a specific stereochemical configuration in certain molecules where two substituents are on opposite sides of a molecule, often used in the context of sugar chemistry.