help@plusacademics.org

[SOLVED]Chester has an asset turnover of 1.53 (Asset Turnover = Sales/Assets). That means:

Chester has an asset turnover of 1.53 (Asset Turnover = Sales/Assets). That means:

Select : 1

Submit Answer

  •  Each $1.00 of assets in the firm generates $1.53 of sales revenue.
  •  Every $1.53 of assets in the firm generates $1.00 of sales.
  •  Every $1.00 of assets in the firm generates $1.53 of profit.
  •  Every $1.53 of profit in the firm comes from each $1.00 of sales.



honeyd


20-04-21 | 22:26:31

• Each $1.00 of assets in the firm generates $1.53 of sales revenue.

Login to answer this question!