Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) A larger fixed asset turnover ratio is associated with firms that are more labor intensive and require smaller fixed asset investments.
B) The fixed asset ratio cannot be compared across time for an individual company.
C) A smaller fixed asset turnover ratio is associated with firms that are more labor intensive and require smaller fixed asset investments.
D) The fixed asset ratio is not useful for comparing different companies.