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What is the total asset turnover ratio

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Reference no: EM132651010

Problem 1: If Apex, Inc. has an ROE = 10 percent, equity multiplier = 3, and profit margin of 5 percent, what is the total asset turnover ratio?

Option 1: 0.1667

Option 2: 0.0667

Option 3: 0.6667

Option 4: 0.0600

Problem 2: Financial statements of publicly traded firms can be found in a number of places. Which of the following is NOT an option for finding publicly traded firms' financial statements?

Option 1: Facebook

Option 2: a firm's website

Option 3: Securities and Exchange Commission's (SEC) website

Option 4: websites such as finance.yahoo.com

Reference no: EM132651010

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