________ equals a company's net sales divided by its total assets.
A) Asset turnover
B) Current ratio
C) Gross margin
D) Net sales margin
E) Return on assets

Name: ________ equals a company's net sales divided by its total assets. A) Asset turnover B) Current ratio C) Gross margin D) Net sales margin E) Return on assets
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Question

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Asset turnover is net sales divided by total assets. The ratio indicates how many dollars are generated for each dollar of assets.

________ Equals a Company's Net Sales Divided by Its Total