Question
The asset turnover ratio measures ________. A. how the ending inventory helps increase the value of assets B. how efficiently a business uses its sales
The asset turnover ratio measures ________.
A.
how the ending inventory helps increase the value of assets
B.
how efficiently a business uses its sales to finance the assets
C.
how efficiently a business uses its average total assets to generate sales
D.
how efficiently a business uses its net profit to finance the assets
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An Internal Audit
Authors: Mette Marx
1st Edition
0998140910, 978-0998140919
