FIN 440
Broward College - North Campus
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FIN 440 MIDTERM exam questions with answers
- Exam (elaborations) • 6 pages • 2022
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MIDTERM TOTAL POINTS 35 MzF 
(Please rename the file with your name & ID. Read the questions carefully and answer in the spaces provided (you 
may change the size of the text boxes to fit your answers). Good luck!) 
Prodipta Basak Aunik 0 FIN 440.7 
1. What does the TOTAL ASSET TURNOVER ratio calculate? How can it be used to measure the utilization of a 
company’s assets? (2 points) 
Ans: Total asset turnover ratio calculates what percentage of our total assets we are using to 
generate our sa...
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