The measure that indicates how efficiently assets are being used to support sales is called the
A) net profit margin.
B) current ratio.
C) book value.
D) total asset turnover.

Name: The measure that indicates how efficiently assets are being used to support sales is called the A) net profit margin. B) current ratio. C) book value. D) total asset turnover.
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Question

Quizplus · Accepted Answer

Total asset turnover measures how efficiently a company uses its assets to generate sales.

The Measure That Indicates How Efficiently Assets Are Being Used