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Gemini Group sold some of its major assets in 2022 while having higher sales than in 2021. What would be the effect on their asset
Gemini Group sold some of its major assets in 2022 while having higher sales than in 2021. What would be the effect on their asset turnover? Gemini Group would see either an increase or a decrease in asset turnover but comparing the two years would require knowing how much sales increased in 2022 compared to 2021. Gemini Group would see a higher asset turnover in 2022 than in 2021. O Gemini Group would see no change in their asset turnover between 2021 and 2022. O Gemini Group would see a lower asset turnover in 2022 than 2021
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