An example of an asset management efficiency ratio is the [blank].
A)total asset turnover ratio
B)gross profit margin
C)times-interest-earned
D)return on assets

Question

Quizplus · Accepted Answer

Total asset turnover ratio measures how efficiently a company is using its assets to generate revenue. It is calculated by dividing the company's revenue by its total assets. The higher the ratio, the more efficient the company is at managing its assets to generate revenue.

An Example of an Asset Management Efficiency Ratio Is the [Blank]