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Three different companies have the following asset turnover ratio: - X Company: 2.1 - Y Company: 3.5 - Z Company: 2.8 Asset turnover = (net

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Three different companies have the following asset turnover ratio: - X Company: 2.1 - Y Company: 3.5 - Z Company: 2.8 Asset turnover = (net sales / average total assets ) Based on this, - than both of the other two companies. X Company is more profitable X Company is more liquid X Company is more solvent Y Company is more profitable Y Company is more liquid Y Company is more solvent Z Company is more profitable Z Company is more liquid Z Company is more solvent

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