Dollars worth of sales
Problem:
A firm has net working captial of $349, net fixed assets of $2,389, sales of $6,000, and current liabilites of $8,000.
Required:
Question: How many dollars worth of sales are generated from every $1 in total assets?
Note: Show all workings.
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Question: How many dollars worth of sales are generated from every $1 in total assets? Note: Show all workings.
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