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The firm's asset turnover measures a. the value of assets held per dollar of shareholder equity. b. the return the firm has earned on its

The firm's asset turnover measures

a. the value of assets held per dollar of shareholder equity. b. the return the firm has earned on its past investments. c. the firm's ability to sell a product for more than the cost of producing it. d. how efficiently the firm is utilizing its assets to generate sales.

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