If a Firm's Fixed Assets Turnover Ratio Is Significantly Higher

question 127

True/False

If a firm's fixed assets turnover ratio is significantly higher than the average for its industry,then it could be that the firm uses its fixed assets very efficiently or is operating at over capacity and should probably add fixed assets.

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Definitions:

White-Collar Criminals

Individuals who commit non-violent crimes for financial gain within the course of their professional lives.

Fines

Penalties imposed by law for violations of statutory obligations or court orders.

Punishment

Punishment involves imposing a penalty on someone as a retaliation or deterrent for wrongdoing.

White-Collar Crime

Non-violent criminal activities committed by individuals, businesses, or government officials typically involving financial deception or fraud.