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:

Specific Offeree

An individual or entity to whom an offer is directly and explicitly made in a contractual agreement.

UETA

The Uniform Electronic Transactions Act, which provides legal recognition to electronic signatures and records as equivalent to written documents and signatures in commercial transactions.

E-commerce

The buying and selling of goods and services over the internet.

Traditional Commerce

Commerce transactions that take place in physical locations, such as stores or offices, rather than online.