If a company is successful in acquiring several large buildings at the end of the year, what
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If a company is successful in acquiring several large buildings at the end of the year, what is the effect on the total asset turnover ratio?
a. The ratio will increase.
b. The ratio will not change.
c. The ratio will decrease.
d. Either (a) or (c).
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Related Book For
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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