ches

Firm $x$ has a fixed asset turnover rate of $1\mathrm{.}48$ and a total asset turnover rate of $\mathrm{.}79.$ Its competitor, Firm $Y,$ has a fixed asset turnover rate of $1\mathrm{.}63$ and a total asset turnover rate of $67.$ Both companies have similar operations. Based on this information, Firm $x$ must be $q,$ than Firm Y$.$

Multiple Choice

utilizing its fixed assets more efficiently

utilizing its total assets more efficiently

generating net profit more efficiently

generating net profit less efficiently

utilizing greater financial leverage