An asset turnover ratio must be less than 1.
BT: Comprehension

Name: An asset turnover ratio must be less than 1. BT: Comprehension
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An asset turnover ratio can be less than 1, equal to 1, or greater than 1, depending on the company and industry. The ratio compares a company's sales revenue to its average total assets, so a higher ratio indicates that the company is generating more sales per dollar of assets.

An Asset Turnover Ratio Must Be Less Than 1