"A measure that is used to determine how many times the same asset can be used to generate revenue and profit" is the definition of which of the following?
A)Asset turns
B)Cash-to cash cycle
C)Production cycle
D)Inventory turns

Question

Quizplus · Accepted Answer

Asset turns measures how effectively a company is using its assets to generate revenue and profits. It is calculated by dividing the total revenue by the average total assets. A higher asset turns ratio indicates that a company is generating more revenue with the same amount of assets, which is a good indicator of efficiency. The other options are different metrics used to measure different aspects of a company's operations.

"A Measure That Is Used to Determine How Many Times