Question

The profit margin measures net income per dollar of sales. 1 a. True b. False
Ryngard Corps sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TAT
Song Corps stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P
Considered alone, which of the following would increase a companys current ratio? a. An increase in accrued liabilities. - O
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Answer #1

1)

True

2)

total asset turnover=42000/16000=2.63

3)

P/E=16.75/1.30=12.88

4)

d option

the above are answer..

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