13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X O e) None of the above

13. Adams Corp's sales last year were $57,000, and its total assets were<br>$24,000. What was its total assets turnover ratio (TATO)?<br>O a) 2.375X<br>O b) 0.42X<br>O c) 2.8X<br>O d) 3.2X<br>O e) None of the above<br>

Extracted text: 13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X O e) None of the above

14. If a principal of $700 amounts to $1100 after six years of investment,<br>then what annual interest rate is being received?<br>O a) 5.7%<br>O b) 3.64%<br>O c) 7.25%<br>O d) 7.82%<br>O e) None of the above<br>

Extracted text: 14. If a principal of $700 amounts to $1100 after six years of investment, then what annual interest rate is being received? O a) 5.7% O b) 3.64% O c) 7.25% O d) 7.82% O e) None of the above

Jun 06, 2022

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13. Adams Corp's sales last year were $57,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? O a) 2.375X O b) 0.42X O c) 2.8X O d) 3.2X O e) None of the above

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