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When using the asset turnover ratio, which of the following statement is not true? a . The asset turnover ratio measures how effectively a business

When using the asset turnover ratio, which of the following statement is not true?
a. The asset turnover ratio measures how effectively a business is using its assets to generate sales.
b. Using this ratio compared to suppliers may be beneficial in interpreting the businesss use of assets.
c. The assets used in computing this ratio may be the average of monthly assets.
d. A high ratio indicates an effective use of assets.

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