Asset Management and Debt Management Ratios Use the Following Information

question 18

Multiple Choice

Asset Management and Debt Management Ratios Use the following information to calculate current assets: sales = $100 million,capital intensity ratio = 0.5 times,debt ratio = 30 percent,and fixed asset turnover ratio = 5 times.

• A)$10m
• B)$15m
• C)$30m
• D)$50m

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Definitions:

Variable

An element of coding that represents a storage location paired with an associated symbolic name, which contains some known or unknown quantity or information, also called its value.

Indirection Operator

An operator (*) in C and C++ used to access the value at the address pointed to by a pointer variable.

Stored Address

A stored address refers to the specific location in memory where data is kept.