A fiXed Asset Turnover Ratio of

question 71

Multiple Choice

A fixed asset turnover ratio of .72 means that:

• A) For every $1 in total assets, a firm can generate $0.72 in net income.
• B) For every $1 in net fixed assets, a firm can generate $0.72 in net income.
• C) For every $1 in total assets, a firm can generate $0.72 in sales.
• D) For every $1 in net fixed assets, a firm can generate $0.72 in sales.
• E) For every $1 in net fixed assets, a firm can obtain $0.72 in debt.

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Definitions:

Training Program Effectiveness

Evaluation of how well a training program achieves its objectives, often measured by participants' knowledge gain, skill improvement, and positive changes in behavior.

Benchmarking

The process of measuring one’s own services and practices against the recognized leaders in order to identify areas for improvement.

Strategic Imitation

The practice of copying or adapting successful strategies, products, or practices from competitors or industry leaders, with adjustments for improvement or differentiation.

Environmental Analysis

The process of assessing and interpreting the external and internal environments of an organization to identify opportunities, threats, trends, and strategic uncertainties.