The ________ ratio indicates the efficiency with which a firm uses its assets to generate sales.
A) inventory turnover
B) total asset turnover
C) quick
D) current asset turnover

Question

Quizplus · Accepted Answer

Total asset turnover measures how many dollars of revenue a company generates for each dollar invested in assets. It shows how efficiently a company is using its assets to generate sales.

The ________ Ratio Indicates the Efficiency with Which a Firm