Asset turnover represents
a. The ability of the firm to generate income from operations for a particular level of sales.
b. The ability to generate sales from a particular investment in assets.
c. The ability to manage the level of investment in assets for a particular level of assets.
d. The number of days, on average, it takes management to turnover assets.
B
You might also like to view...
Which of the following activities are NOT regulated by the 1934 Act?
a. Primary securities sales b. Proxy solicitations c. Insider trading d. Tender offers
Trane Corp. manufactures long-lived, custom-made equipment, which its customers treat as capital items. Trane's sales force faces much multiple buying influence. Trane's products, which do not become part of the customer's final product, are
A. installations. B. operating supplies. C. MRO items. D. accessory equipment. E. component parts.
Which of following describes forward rates?
A. Interest rates implied by current zero rates for future periods of time B. Interest rate earned on an investment that starts today and last for n-years in the future without coupons C. The coupon rate that causes a bond price to equal its par (or principal) value D. A single discount rate that gives the value of a bond equal to its market price when applied to all cash flows
A(n) ______________________________ is a document sent to vendors that invite submission of plans for providing hardware, software, and services.
Fill in the blank(s) with the appropriate word(s).