-According to the Above Table

question 2

Multiple Choice

$\begin{array}{llcc} \text { Net sales reverule } &\$900,000 \\ \text { Expenses } &\$500,000\\ \text { Interest } &\$10,000\\ \text { Income tax expense } &\$90,000\\ \text {Net cash from operations } &\$290,000\\ \text { Fixed Assets end of currert year } &\$600,000\\ \text { Liabilities end of current year } &\$100,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of curent year } &\$500,000\\ \text { Fixed Assets end of previous year } &\$590,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of previous year } &\$490,000\\ \text { Common stock outstanding} &40,000 \text {shares}\\ \text {Curent market price of stock } &\$15 \text { share}\\\end{array}$


-According to the above Table.Calculate the company's fixed asset turnover ratio for the current year.

• A)2.00
• B)1.80
• C)1.51
• D)0.50

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Definitions:

New Consumption Patterns

Emerging trends in the way consumers purchase and use goods and services, often driven by changes in technology, culture, or economic factors.

Market Attractiveness

The degree to which a market is appealing to a company, considering factors like size, profitability, and competition.

Marketing Mix

A combination of factors that can be controlled by a company to influence consumers to purchase its products, traditionally identified as product, price, place, and promotion.

Market Attractiveness

An evaluation metric used to assess the potential for profit and success in a particular market or segment, considering factors like size, growth, and competition.