A firm has a higher fixed asset turnover ratio than the other firms that operate in the
Fantastic news! We've Found the answer you've been seeking!
Question:
A firm has a higher fixed asset turnover ratio than the other firms that operate in the same sector. That means it has a ratio higher than the industry average. It also has a lower total asset turnover ratio than the industry average. Based on this information, what conclusions can we draw about the firm?
Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
Posted Date: