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Blue Sox Co. has an asset turnover of 5.4, and Green Sox Co. has an asset turnover ratio of 1.3. This means that: Green Sox
Blue Sox Co. has an asset turnover of 5.4, and Green Sox Co. has an asset turnover ratio of 1.3. This means that:
Green Sox has greater profitability
Green Sox is generating more sales by utilizing their assets more efficiently
Blue Sox has greater profitability
Blue Sox is generating more sales by utilizing their assets more efficiently
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