Solved

Which of the Following Situations Represents an Effective Use of Assets

Question 6

Multiple Choice

Which of the following situations represents an effective use of assets


A) Earning a larger amount of profit per currency unit of sales revenue.
B) Increasing sales revenue faster than gross asset growth.
C) Depreciating tangible assets using an accelerated depreciation method.
D) Divesting assets when sales revenue declines to keep the ratio of sales to assets constant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions