Which of the following is the correct formula for the asset turnover ratio?
A) Net sales / Average total assets
B) Net sales / Cost of goods sold
C) Net sales / Net assets
D) Net profit / Net sales
A
You might also like to view...
Kamil needs to reduce the size of his company’s workforce. He does not use diversity as a criterion for dismissals and does not target diverse employees, but the effect of the layoffs is to reduce diversity in the company. What criterion did Kamil most likely use when dismissing employees?
a. age b. gender c. performance d. seniority (firing newest employees)
Which of the following costs incurred by a paper manufacturer would NOT be included in the group of costs referred to as conversion costs?
A) Factory supervisor's salary B) Machine operator's wages (direct labor) C) Raw lumber (direct materials) D) Factory maintenance personnel supplies
The first step in the innovation process is
a. Implementation and diffusion b. Idea generation c. Problem solving d. Brainstorming
The Update Automatically date feature should generally be used on all letters except those prepared using Mail Merge
Indicate whether the statement is true or false