Which of these represents the number of sales dollars generated by each dollar invested in assets?

Question

Quizplus · Accepted Answer

The ratio that represents the number of sales dollars generated by each dollar invested in assets is called asset turnover. It is calculated by dividing the total sales by the average total assets. This ratio helps to determine how efficiently a company is utilizing its assets to generate sales revenue. Therefore, option D is the correct answer.

Which of These Represents the Number of Sales Dollars Generated