Two Sisters Dresses Has Net Working Capital of $43,800,net Fixed

question 13

Multiple Choice

Two Sisters Dresses has net working capital of $43,800,net fixed assets of $232,400,net income of $43,900,and current liabilities of $51,300.The tax rate is 21 percent and the profit margin is 9.3 percent.How many dollars of sales are generated from every $1 in total assets?

• A)$1.44
• B)$1.32
• C)$1.73
• D)$.97
• E)$1.06

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Definitions:

Post Increment

An operation, often seen in programming, that increases the value of a variable by one but returns the original value within the expression where it's used.

Pre Increment

An operation that increases a variable's value by one before the variable is used in an expression.

String Method

A function or operation available for string objects that allow manipulation of textual data, such as concatenation, extraction, or comparison.

String Objects

Instances in programming that represent sequences of characters used to manipulate text data.