Business, 26.03.2020 22:58 Legoman29305

At the end of 2014, Stacky Corp. had $500,000 in liabilities and a debt-to-assets ratio of 0.5. For 2014 Stacky had an asset turnover of 3.0. What were annual sales for Stacky in 2014? A. $333,333 B. $1,200,000 C. $1,800,000 D. $3,000,000 E. None of the above

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At the end of 2014, Stacky Corp. had $500,000 in liabilities and a debt-to-assets ratio of 0.5. For...

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