A firm has sales of 2 million per year its current assets


A firm has sales of $2 million per year. Its current assets total $5 million and it current liabilities total $2 million. What is the firm's Sales to working capital ratio?

0.67 times
0.41 times
0.59 times
0.22 times

 

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Finance Basics: A firm has sales of 2 million per year its current assets
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