Net Sales Divided by Average Total Assets Is the Calculation

question 91

Multiple Choice

Net sales divided by average total assets is the calculation for which of the following ratios?

• A)Net profit margin
• B)Asset turnover
• C)Current ratio
• D)Return on assets

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Definitions:

Parallel Construction

The use of consistent grammatical structures in writing or speech to present ideas of equal importance.

Grammatical Pattern

A specific arrangement and order of words in sentences, following the rules of a particular language, to express clear and precise meaning.

Small Screens

Displays of limited size, often referring to mobile phones or compact devices, affecting how content is viewed or designed.

Mobile Devices

Handheld electronic devices that provide computing capabilities, including smartphones and tablets.