Which of the following describes the asset turnover ratio?

a. Average total assets divided by sales
b. Net sales divided by net income
c. Net sales divided by average total assets
d. Average total assets divided by net income


C

Business

You might also like to view...

It is necessary to post journal entries to the general ledger before preparing a trial balance

Indicate whether the statement is true or false

Business

Career development programs often contain segments designed to further the advancement of special groups within an organization. Briefly discuss some of the ways employers can facilitate the career development of women.

What will be an ideal response?

Business

Joy Rinaldo has agreed to participate in marketing research in which she will provide information about her purchases on an ongoing basis. She is probably part of a

A. confidence interval. B. consumer panel. C. statistical package. D. contributor group. E. focus group.

Business

Factors that can lead to worsening conditions in financial markets include increasing interest rates and asset price booms

Indicate whether the statement is true or false

Business