The Executive Service Company has high levels of inventory, and impressive premises; their sales/net assets ratio is
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The Executive Service Company has high levels of inventory, and impressive premises; their sales/net assets ratio is 1 : 1. The QuickValue Service Company has low levels of inventory, and backstreet premises; their sales/net assets ratio is 2 : 1. Does that mean that the QuickValue Service Company is more profitable?
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Not necessarily The salesnet assets ratio provides a rough indication of a companys efficiency in using its assets to generate sales However it is not ...View the full answer
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