Total Asset Turnover

Multiple Choice

Total asset turnover:

A) determines the speed with which a company can turn its assets into cash to meet debts.
B) compares current (short-term) assets to current liabilities.
C) measures the most valuable asset of a company.
D) measures the amount of inventory that is required by a company at any point of time.
E) measures how well an organization uses all of its assets in creating sales.