Multiple Choice
A danger to a firm's having a high asset turnover is the _____.
A) high operating costs
B) high level of old inventory on hand
C) high probability of being out of stock
D) low profits as a percent of sales
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: Retailers should measure productivity strictly from the
Q17: The most severe measure of a retailer's
Q18: The basic difference between the quick ratio
Q19: The quick ratio measures a retailer's ability
Q20: A retailer can increase its accounts payable
Q22: The collection period measures the _.<br>A)age of
Q23: A firm's asset turnover is 4 and
Q24: An example of a capital expenditure is
Q25: A firm has $60,000 in cash,$200,000 in
Q26: A firm's quick ratio equals 1.5.This means