Marino Company Has Provided the Following Information

question 11

Multiple Choice

Marino Company has provided the following information:
Net sales,$480,000
Net income,$24,000
Average total assets,$200,000
What is Marino's asset turnover ratio?

• A)12.0
• B)8.33
• C).42
• D)2.4

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Definitions:

Ovulation

The phase in the menstrual cycle where an ovary releases an egg, making it available for fertilization.

Masculine

Traits or qualities traditionally associated with men and male behavior.

Trustworthy-Looking

This term refers to the perception or appearance of an individual or entity that seems reliable or credible based on visual assessment.

Anxious-Ambivalent

A type of attachment characterized by intense emotional dependence and insecurity in relationships.