Two Sisters Dresses has net working capital of $43,800, net fixed assets of $232,400, net income of $43,900, and current liabilities of $51,300. The tax rate is 21 percent and the profit margin is 9.3 percent. How many dollars of sales are generated from every $1 in total assets?

A) $1.44
B) $1.32
C) $1.73
D) $.97
E) $1.06


A) $1.44

Business

You might also like to view...

John is an owner of a franchise that produces custom signs and banners. Prior to the recession, the majority of John’s business came in the form of walk-in and repeat customers. After the recession, the amount of traffic to his shop dwindled and his business was suffering. John decided to hire an outside salesperson to actively find new business rather than wait for new business to come to him. What type of change did John implement?

a. strategy b. structure c. technology d. people

Business

One of the families in the neighborhood is moving to Vermont tomorrow

A) One; is moving B) families; moving C) One; moving D) neighborhood; is moving

Business

Diversity in work teams encourages ________ because people from different backgrounds bring different perspectives.

A) lengthy, unproductive meetings B) creativity and innovation C) conflict and confusion D) a positive company image E) support from the federal government

Business

Corporations may ________ officers, directors, employees, and agents when they act in good faith, in a manner not opposed to corporate interests and with no reason to believe their conduct was unlawful

A) ratify B) breach C) indemnify D) authorize

Business