Question 31 1 pts A firm's total asset turnover increased from 0.75 to 0.90. Which of the following is true about the given data? O The firm's stock price will go up because it is using asset more efficiently. Diff: 2. Topic: Total Asset Turnover Learning Obj.: LG 3 Learning Outcome: F-02 AACSB: Reflective Thinking The firm is generating fewer dollars of sales per dollar of assets now than it was before. By cutting back on assets, the firm runs the risk of creating problems like inventory stockouts and production delays. The firm is generating more dollars of sales per dollar of assets now than it was before