__________ Best Explains a Ratio of Sales/average Net Fixed Assets

question 26

Multiple Choice

__________ best explains a ratio of sales/average net fixed assets that exceeds the industry average.

• A) The firm expanded plant and equipment in the past few years
• B) The firm makes less efficient use of assets than competing firms
• C) The firm has a substantial amount of old plant and equipment
• D) The firm uses straight-line depreciation

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Definitions:

Constitution

The essential rules or established standards that guide the governance of a state or any other organization.

External Slave Trade

The trade of enslaved people across national borders, particularly referring to the African slave trade where Africans were forcibly transported to the Americas.

Omission

The act of leaving out or excluding someone or something, either intentionally or unintentionally.