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Arshadi Corp.'s sales last year were $52,000, and its total assets were $22,000. What was...

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Finance

Arshadi Corp.'s sales last year were $52,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)?

a.

2.36
b.

2.03
c.

2.48
d.

2.25
e.

2.13
a.
b.
c.
d.
e.

A 10-year coupon bond would have more reinvestment rate risk than a 5-year coupon bond, but all 10-year coupon bonds have the same amount of reinvestment rate risk.

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