What is true of asset turnover ratio? Select a Choice Below current question choices OptionA It is calculated by dividing the average total assets by the sales in a given time period. OptionB The lower the ratio the longer it takes to turn an asset into cash. OptionC It is calculated by dividing the average total assets by the total liabilities in a given time period. OptionD A ratio above 100 percent shows that a firm has more debt than equity