A firm has current assets of $150,000 and total assets of $750,000.The firm's sales are $1,800,000.The firm's capital asset turnover is:
A) 3.0x
B) 12.0x
C) 2.4x
D) 5.0x

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The Answer of A firm has current assets of $150,000 and total assets of $750,000.The firm's sales are $1,800,000.The firm's capital asset turnover is:
A) 3.0x
B) 12.0x
C) 2.4x
D) 5.0x

A Firm Has Current Assets of $150,000 and Total Assets