Asset Turnover Measures

question 215

Multiple Choice

Asset turnover measures

• A) how often a company replaces its assets.
• B) how efficiently a company uses its assets to generate sales.
• C) the portion of the assets that have been financed by creditors.
• D) the overall rate of return on assets.

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Definitions:

Seawater

The saline water composing the world's oceans and seas, which envelopes over 70% of the Earth's surface.

Unconformity

A surface in the rock record representing a period of erosion or non-deposition, separating younger strata from older ones.

Igneous Intrusion

The penetration of magma through pre-existing rock layers, solidifying below the earth's surface and forming igneous rocks.

Depositional Contact

The surface or boundary separating younger sediment or rock layers from older ones where deposition has occurred.