Downer Engineering Has Sales of $20 Million, Total Debt of $1.5

question 116

Multiple Choice

Downer Engineering has sales of $20 million, total debt of $1.5 million and a debt ratio of 40%.What is Downer's total asset turnover?

• A)13.33
• B)9.11
• C)6.55
• D)5.33

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Definitions:

OD Techniques

Stands for Organizational Development Techniques, which are methods used to improve organizational effectiveness and employee well-being.

Productivity

The measure of efficiency in producing goods and services, quantified by the output produced per unit of input.

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A collection of attitudes that workers have about their jobs.

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