ABC Lettering has a fixed asset turnover rate of 1.2 and a total asset turnover rate of .84. XYZ Lettering has a fixed asset turnover rate of 1.1 and a total asset turnover rate of .96. Both companies have similar operations. Compared to XYZ Lettering, ABC Lettering is using its fixed assets and its total assets less efficiently, more efficiently more efficiently, more efficiently cannot be determined more efficiently, less efficiently less efficiently, less efficiently ABC Lettering has a fixed asset turnover rate of 1.2 and a total asset turnover rate of .84. XYZ Lettering has a fixed asset turnover rate of 1.1 and a total asset turnover rate of .96. Both companies have similar operations. Compared to XYZ Lettering, ABC Lettering is using its fixed assets and its total assets less efficiently, more efficiently more efficiently, more efficiently cannot be determined more efficiently, less efficiently less efficiently, less efficiently