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    Managerial Accounting Study Set 17
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    Exam 13: Measuring and Evaluating Financial Performance
  5. Question
    The Asset Turnover Ratio Is a Profitability Ratio
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The Asset Turnover Ratio Is a Profitability Ratio

Question 72

Question 72

True/False

The asset turnover ratio is a profitability ratio.The asset turnover ratio is a profitability ratio that indicates the amount of sales revenue generated for each dollar invested in assets.

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