Match the descriptions with their terms:
-Indicates how efficiently a company is able to generate sales with a given amount of assets.
A) Gain on disposal
B) Loss on disposal
C) Trademark
D) Finance lease
E) Asset turnover
F) Average useful life
G) Goodwill
H) Agricultural assets
I) Intangible asset
J) Research costs

Question

Quizplus · Accepted Answer

Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company.

Match the Descriptions with Their Terms