If Net Sales Revenue and the Average Book Value of Fixed

question 250

Multiple Choice

If net sales revenue and the average book value of fixed assets both rise 5%:

• A)the fixed asset turnover ratio will rise.
• B)the fixed asset turnover ratio will fall.
• C)the fixed asset turnover ratio will stay the same.
• D)the impact on the fixed asset turnover ratio cannot be determined since the beginning values are unknown.

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Definitions:

Communication System

An arrangement of technologies and processes for transmitting information from one point to another through verbal, written, or digital means.

Abstract Concepts

Ideas or notions that are not tangible or concrete, representing qualities or ideas that cannot be physically touched or seen.

Minority Communities

Groups within a society that are smaller in number and often differ from the majority population in terms of ethnic, religious, or cultural characteristics.

Arbitrarily Linked

Connected or related in a random or subjective manner without a natural or logical association.