Give an example of an industry that would be characterized by (a) A high asset turnover ratio and a low profit margin ratio, and (b) A low asset turnover ratio and a high profit margin ratio ...

a Grocery stores usually have a high ...

Give an example of an industry that would be characterized by (a) A high asset turnover ratio

Question:

Give an example of an industry that would be characterized by
(a) A high ratio and a low profit margin ratio, and
(b) A low ratio and a high profit margin ratio.

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.