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    Small Business Management Study Set 1
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    Exam 13: Understanding Financial Statements and Forecasting
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    Total Asset Turnover Is the Ratio of Sales to Total
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Total Asset Turnover Is the Ratio of Sales to Total

Question 38

Question 38

True/False

Total asset turnover is the ratio of sales to total assets,showing the efficiency with which a firm's assets are used to generate sales.

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