What Is Runs and Goses' Sales to Total Asset Ratio

question 42

Multiple Choice

What is Runs and Goses' sales to total asset ratio?

• A) 1.91
• B) 0.25
• C) 0.52
• D) 0.23
• E) 0.57

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Definitions:

Time Certain

A specific, agreed-upon moment or period in which something is to occur or be completed, often used in contracts and scheduling.

Assumed Name

An assumed name, also known as a trade name or "doing business as" (DBA), is a name a business uses that is different from its legal, registered name.

Device

A piece of equipment designed for a particular purpose, often electronic in nature.

Demand Instrument

A financial document that requires the payment of money immediately or on demand.