ch12a - Question 1 Which company has the most profit Petal...

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Question 1    (1 point) Which company has the most profit? Petal Co. Reel Co. Sphere Co. Shade Co. Sales (in millions) $1,000 $2,000 $2,000 $600 Profit margin 0.15 0.05 0.09 0.20 Asset turnover 1.25 1.50 1.15 1.10 Student response: Student Response Score: 0 / 1   Question 2    (1 point) Canyon Record Company had a higher return on assets this year than it did return on equity. This means that, during the  year, the  Student response: Student Response Score: 0 / 1   Question 3    (1 point)
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Samson Company has about 5% of its total assets in current assets with the remainder invested in fixed assets. Based only  on this information, one would expect this firm to have a  Student response: Student Response Score: 1 / 1   Question 4    (1 point) The relationship of a firm's fixed costs relative to its variable costs yields information about its  Student response: Student Response Score: 1 / 1   Question 5    (1 point) Solo Company has a higher ratio of fixed to variable costs than Luna Company. The sales revenues of both companies 
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