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The total asset turnover ratio reveals the amount of: fixed assets required for every $1 of sales. net income that can be generated by every

The total asset turnover ratio reveals the amount of:

  • fixed assets required for every $1 of sales.

  • net income that can be generated by every $1 of fixed assets.

  • net income generated by every $1 in total assets.

  • sales generated by every $1 in total assets.

  • total assets needed for every $1 of sales.

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