Which of the following measures the number of dollars of sales produced per dollar of fixed assets?
A)Fixed asset to working capital ratio
B)Fixed asset turnover ratio
C)Fixed asset management ratio
D)Sales to working capital ratio

Question

Quizplus · Accepted Answer

Fixed asset turnover ratio measures the efficiency with which the company is using its fixed assets to generate sales. It is calculated by dividing sales by the value of fixed assets.

Which of the Following Measures the Number of Dollars of Sales