The Following Information Is Provided for Nguyen Company and Northwest

question 261

Multiple Choice

The following information is provided for Nguyen Company and Northwest Corporation. What is Nguyen's asset turnover ratio for 2014?

• A) 4.00 times
• B) 1.36 times
• C) 0.25 times
• D) 0.73 times

---

Definitions:

Brand Names

Names given to products or services by companies to distinguish them from competitors.

Profit-maximizing Price

The price level at which a business can achieve the highest possible profits, given its cost structure and demand for its products.

Demand Curve

A graph that represents the relationship between the price of a good or service and the quantity demanded by consumers.

Cost Functions

Mathematical relationships expressing the cost of production as a function of the levels of various inputs.