Which of the following does NOT describe asset turnover?
A) It is the retailer's net sales divided by its assets.
B) It assesses the productivity of a firm's investments in its assets.
C) It indicates how many sales dollars are generated by each dollar of asset.
D) It suggests the profit management path.
Correct Answer:
Verified
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Q15: What does asset turnover measure?
A)return on assets
B)net
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