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Your firm's total asset turnover has been decreasing over the past three years. Which of the following is the most likely explanation? sales are increasing

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Your firm's total asset turnover has been decreasing over the past three years. Which of the following is the most likely explanation? sales are increasing as the economy improves O leverage is increasing as the firm takes on more debt liquidity is increasing as the firm stockpiles cash O profit margins are decreasing as cost of goods sold rise O total assets are decreasing as the firm sells off unproductive assets

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