As a general rule,a retailer should strive to have an asset turnover rate between 1.5 to 2.0 times.

Name: As a general rule,a retailer should strive to have an asset turnover rate between 1.5 to 2.0 times.
Brand: Quizplus
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Quizplus · Accepted Answer

The ideal asset turnover ratio can vary significantly across different industries, and there is no one-size-fits-all target. Retailers, depending on their business model and the products they sell, might have optimal ratios outside of the 1.5 to 2.0 range.

As a General Rule,a Retailer Should Strive to Have an Asset