If a firm's return on assets decreases and its asset turnover increases,how has the return on sales changed? Was this change more or less than the change in asset turnover? Explain.

Question

Quizplus · Accepted Answer

The Answer of If a firm's return on assets decreases and its asset turnover increases,how has the return on sales changed? Was this change more or less than the change in asset turnover? Explain.

If a Firm's Return on Assets Decreases and Its Asset