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With respect to asset utilization, which of the following is not correct? Multiple Choice How efficient the company is in utilizing its property, plant, and

With respect to asset utilization, which of the following is not correct?

Multiple Choice

How efficient the company is in utilizing its property, plant, and equipment is reflected in the long-term asset turnover ratio.

Asset turnover is only one part of the ROA calculation.

Efficiency gains arise from improvements in managing accounts receivable.

Issues with inventory obsolescence will be evidenced in the current asset turnover ratio.

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