A company with a low asset turnover uses its assets more productively than one with a high asset turnover.

Name: A company with a low asset turnover uses its assets more productively than one with a high asset turnover.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. A high asset turnover indicates that a company is using its assets more efficiently to generate revenue, while a low asset turnover suggests that a company may not be using its assets effectively.

A Company with a Low Asset Turnover Uses Its Assets