The calculation sales/average total assets is the formula for which of the following ratios
A)Return on assets
B)Profit margin
C)Asset turnover
D)Asset usage

Name: The calculation sales/average total assets is the formula for which of the following ratios A)Return on assets B)Profit margin C)Asset turnover D)Asset usage
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Question

Quizplus · Accepted Answer

The calculation sales/average total assets is the formula for asset turnover ratio, which measures a company's ability to generate sales from its assets.

The Calculation Sales/average Total Assets Is the Formula for Which