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%

---

Definitions:

Police Protection

Services provided by law enforcement agencies to ensure the safety and security of citizens, preventing crime and maintaining public order.

Free Riders

Individuals or entities that benefit from resources, goods, or services without paying for the cost of the benefit.

Software Program

A set of instructions and data that tell a computer how to perform specific tasks or operations.

Public Safety

Efforts and services provided by the state or communities to ensure the protection and well-being of the public, including policing, firefighting, and emergency medical services.