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Land Land Land, Inc. has a total asset turnover ratio of 2.0. The average total asset turnover ratio for the firm's industry is 2.5. Based

Land Land Land, Inc. has a total asset turnover ratio of 2.0. The average total asset turnover ratio for the firm's industry is 2.5. Based on this information you know that:

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LLL has relatively more debt than the average firm in the industry.

LLL has relatively less debt than the average firm in the industry.

LLL more efficiently utilizes its assets than the average firm in the industry.

LLL less efficiently utilizes its assets than the average firm in the industry.

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