8352 2 fb. Return on Assets is superior to the Industry average performance due to the superior Sales/Assets. Asset Turnover (AT) This indicates the extent to which management is efficient in its use of all the company's assets to produce sales (effective sales volume expansion strategies): sales per $1.00 in assets. Large (increasing) values are preferred. (Also known as Rate of Asset Tumover, RoAT, or Sales to Assets Ratio). Sales/Assets 2.00 1.77 166 1.50 111 0.87 0.85 1.00 0.50 0.00 2018 2019 Plan Industry 021. Sales/Assets conclusion: a the firm is relatively efficient in producing sales given their size in assets, and their efficiency is improving. b, the firm is relatively efficient in producing sales given their size in assets, but their efficiency is deteriorating. c. the firm is not relatively efficient in producing sales given their size in assets, but their efficiency is improving. d. the firm is not relatively efficient in producing sales given their size in assets, and their efficiency is deteriorating. Q22. Sales/Assets conclusion, performance trend: a Sales/Assets improvement is due to Sales growing at a faster rate than Assets, b. Sales /Assets improvement is due to Sales falling at a slower rate than Assets. c. Sales/Assets fell due to Assets growing at a faster rate than Sales. d. Sales/Assets fell due to Assets beng divested at a slower rate than the decline in Sales