DJ’s Has a Total Asset Turnover Rate of 1

question 95

Multiple Choice

DJ’s has a total asset turnover rate of 1.13,an equity multiplier of 1.46,a profit margin of 5.28 percent,a retention ratio of .74,and total assets of $138,000.What is the sustainable growth rate?

• A)6.98 percent
• B)6.89 percent
• C)7.33 percent
• D)7.04 percent
• E)7.21 percent

---

Definitions:

First Letter

The first letter typically refers to the initial character in a sequence of characters, such as those in an alphabet, word, or string of text.

Federal Holidays

Public holidays established by federal law in a country, during which non-essential federal government offices are closed, and employees are paid for the holiday.

Sample Space

The set of all possible outcomes or results in a probabilistic experiment or random trial.

Defective Merchandise

Items that fail to meet quality standards or are damaged, impacting their usability or saleability.