Total asset turnover indicates the firm's
A) liquidity.
B) debt position.
C) ability to use its assets to generate sales.
D) profitability.

Name: Total asset turnover indicates the firm's A) liquidity. B) debt position. C) ability to use its assets to generate sales. D) profitability.
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Question

Quizplus · Accepted Answer

Total asset turnover is a measure of a company's efficiency in using its assets to generate revenue. It shows how well a company is able to generate sales from its assets.

Total Asset Turnover Indicates the Firm's