Fixed asset turnover is what type of financial ratio?
A)liquidity ratio
B)profitability ratio
C)activity ratio
D)leverage ratio
E)revenue ratio

Name: Fixed asset turnover is what type of financial ratio? A)liquidity ratio B)profitability ratio C)activity ratio D)leverage ratio E)revenue ratio
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Question

Quizplus · Accepted Answer

Fixed asset turnover is an activity ratio that measures how efficiently a company is utilizing its fixed assets to generate revenue. It is calculated by dividing revenue by the value of fixed assets.

Fixed Asset Turnover Is What Type of Financial Ratio