Pointer Health Corporation Has a Total Asset Turnover of 2

question 33

Multiple Choice

Pointer Health Corporation has a total asset turnover of 2.66, total liabilities of $1 004 162 and sales revenues of $7 025 000.What is Pointer's debt ratio?

• A)38.0%
• B)14.3 %
• C)26.7%
• D)81.1%

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Definitions:

Need-satisfaction Format

A sales approach focusing on identifying and meeting the needs, wants, or challenges of customers as a priority.

Marketing Concept

A philosophy that firms should analyze the needs of their customers and make decisions to satisfy those needs, better than the competition.

Suggestive Selling

A sales technique where the seller proposes additional products or services to the customer, potentially enhancing their purchase experience.

Consultative Selling

A sales approach where the seller acts as an advisor, focusing on the customer's needs and providing solutions to meet those needs.