If a Firm's Total Asset Turnover Ratio Is 2

question 67

Multiple Choice

If a firm's total asset turnover ratio is 2.0, then ____.

• A) its annual sales are less than its total assets
• B) it is possible that its fixed asset turnover ratio is 1.5
• C) its total assets are two times its annual sales
• D) its annual sales are two times its total assets

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Definitions:

Christian Coalition

A politically conservative organization in the United States that focuses on promoting Christian values within public policy.

League Of Women Voters

A nonpartisan organization founded in the United States in 1920 to promote informed and active participation in government and to increase understanding of major public policy issues.

Public Interest Groups

Organizations that work to advance, protect, or advocate for the interests and well-being of the general public or specific segments of it.

Ralph Nader

An American activist, author, lecturer, and attorney noted for his involvement in consumer protection, environmentalism, and government reform movements.