What is the total asset turnover rate

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Reference no: EM131888404

1. Bonita Pizza Inc. has sales of $200,800, net profit of $36,600, fixed assets of $130,300, and current assets of $55,400. What is the total asset turnover rate?

2. You have a 25-year maturity, 9.2% coupon, 9.2% yield bond with a duration of 10 years and a convexity of 134.7. If the interest rate were to fall 117 basis points, your predicted new price for the bond (including convexity) is _________.

3. In the case of a bond the only contractual factor is the amount of interest payments since beginning and ending bond prices are determined by market forces.

Reference no: EM131888404

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