The Measure That Indicates How Efficiently Assets Are Being Used

question 116

Multiple Choice

The measure that indicates how efficiently assets are being used to support sales is called the

• A) total asset turnover.
• B) current ratio.
• C) book value.
• D) net profit margin.

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Definitions:

Elongated Mineral

A mineral shape characterized by being significantly longer in one direction than in the others, common in some types of crystals.

Ductile Shearing

Ductile shearing is the deformation of materials through stretching or shearing, allowing them to bend and shape without breaking, often in geological contexts.

Hornfels

A fine-grained metamorphic rock formed by the contact metamorphism of shale and other clay-rich rocks.

Foliation

The repetitive layering in metamorphic rocks, which occurs due to the reorientation of minerals under intense heat and pressure.