The Following Information Is Provided for Nguyen Company and Northwest

question 6

Multiple Choice

The following information is provided for Nguyen Company and Northwest Corporation. $$\begin{array} { l c c } { \text { (in } \$ \text { millions) } } & \text { Nquyen Company } & \text { Northwest Corporation } \\\hline \text { Net income } 2022 & \$ 165 & \$ 420 \\\text { Net sales } 2022 & 1,650 & 4,900 \\\text { Total assets } 12 / 31 / 20 & 1,000 & 2,400 \\\text { Total assets } 12 / 31 / 21 & 1,050 & 3,000 \\\text { Total assets } 12 / 31 / 22 & 1,150 & 4,000\end{array}$$ If Nguyen and Northwest are in the same industry and the industry average for asset turnover is equal to 1.20 times which of the following statements is true?

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Definitions:

Winning Strategy

A plan or approach designed to achieve victory or success in a competition, conflict, or challenging situation.

No-Win Issues

Topics or challenges that cannot be satisfactorily resolved, often leading to outcomes that satisfy no party fully.

Fuzzy Positions

Vague or unclear stances on issues, often intentionally, to avoid alienating potential supporters.

Expert Audiences

Specific groups of individuals with advanced knowledge or skills in a particular domain or field.