Asset Management and Debt Management Ratios Use the Following Information

question 61

Multiple Choice

Asset Management and Debt Management Ratios Use the following information to calculate current assets: sales = $12 million,capital intensity ratio = 4 times,debt ratio = 45 percent,and fixed asset turnover ratio = 2.5 times.

• A)$4.8m
• B)$21.6m
• C)$43.2m
• D)$48m

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Definitions:

Ecological Footprint

A measure of how much land and water area a human population requires to produce the resources it consumes and to absorb its wastes, using prevailing technology.

Earth's Surface

The outermost layer of the Earth that includes both land and water bodies.

Demographic Transition

A model that describes the transformation of countries from having high birth and death rates to low birth and death rates as part of economic development.

Carrying Capacity

The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other resources available.