Lower asset turnover ratios are generally indicative of more efficient asset management.

Name: Lower asset turnover ratios are generally indicative of more efficient asset management.
Brand: Quizplus
Rating: 5.0 (35 reviews)

Question

Quizplus · Accepted Answer

Lower asset turnover ratios indicate that a company is generating less revenue from its assets, which suggests less efficient asset management. A higher asset turnover ratio would indicate that a company is generating more revenue from its assets, which is generally more favorable.

Lower Asset Turnover Ratios Are Generally Indicative of More Efficient