Question: For a utility, the ratio that is basically an operating asset turnover ratio is 1. Return on assets. 2. Percent earned on operating property. 3.

For a utility, the ratio that is basically an operating asset turnover ratio is 1. Return on assets.

2. Percent earned on operating property.

3. Operating ratio.

4. Funded debt to operating property.

5. Operating revenue to operating property.

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