If a company's asset turnover ratio decreased from 2012 to 2013,which of the following conclusions can be made?

Question

Quizplus · Accepted Answer

A decrease in asset turnover ratio means that the company generated less sales for each dollar invested in assets, indicating a decrease in efficiency. It does not necessarily mean the company was less profitable in the prior year, over-invested in assets, or more efficient in using assets to produce profits in the current year.

If a Company's Asset Turnover Ratio Decreased from 2012 to 2013,which