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Yessika Rodriguez
on Nov 08, 2024

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The total asset turnover ratio is measured as:

A) Sales minus total assets.
B) Sales divided total assets.
C) Sales times total assets.
D) Total assets divided by sales.
E) Total assets plus sales.

Total Asset Turnover

A financial ratio that measures how efficiently a company uses its total assets to generate sales revenue.

Total Assets

The sum of all assets owned by an entity, including both current and non-current assets, reflecting the total resources at its disposal.

  • Identify the components and calculations of asset turnover ratios.
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Jerome ScottNov 09, 2024
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