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The asset turnover ratio a. considers how much revenue a firm is able to generate relative to its assets base b. affects the firm's ROE

The asset turnover ratio

a. considers how much revenue a firm is able to generate relative to its assets base

b. affects the firm's ROE in that a higher ratio increases ROE and a lower ratio decreases ROE other things equal

c. captures the capital intensity of a business: the more capital intense a firm is, the lower its asset turnover

d. all of the above

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