Multiple Choice
Which of the following is true of fixed asset turnover?
A) It measures the efficiency with which a company uses its fixed assets to generate sales.
B) It measures the proportion of fixed assets to total assets.
C) It uses net purchases as a denominator in its calculation.
D) It measures the profits generated by the fixed and current assets of the company.
Correct Answer:
Verified
Correct Answer:
Verified
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