Net sales ∕ Net fixed assets
A) Total asset turnover
B) Fixed assets turnover
C) Average collection period
D) Inventory turnover

Name: Net sales ∕ Net fixed assets A) Total asset turnover B) Fixed assets turnover C) Average collection period D) Inventory turnover
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Question

Quizplus · Accepted Answer

The formula given is indicative of fixed assets turnover, which measures the efficiency of a company's use of its fixed assets to generate revenue.

Net Sales ∕ Net Fixed Assets