RJ's Has a Fixed Asset Turnover Rate of 1

question 3

Multiple Choice

RJ's has a fixed asset turnover rate of 1.26 and a total asset turnover rate of .97. Sam's has a fixed asset turnover rate of 1.31 and a total asset turnover rate of .94. Both companies have similar operations. Based on this information, RJ's must be doing which one of the following?

• A) Utilizing its fixed assets more efficiently than Sam's
• B) Utilizing its total assets more efficiently than Sam's
• C) Generating $1 in sales for every $1.26 in net fixed assets
• D) Generating $1.26 in net income for every $1 in net fixed assets
• E) Maintaining the same level of current assets as Sam's

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Definitions:

Terrorism

Defined by American law as premeditated, politically motivated violence against noncombatant targets including unarmed or off-duty military personnel by subnational groups or clandestine agents, usually intended to influence an audience. However, a broader definition would include the use by states of indiscriminate violence against civilians in order to achieve military and political goals. Moreover, what one side in a conflict would call terror might be regarded by the other side as legitimate resistance to occupation, as well as ethnic, religious, or national oppression.

Welfare State

A government system that provides social security, health care, and financial aid to its citizens.

Policy Group

involves a collective or body focused on the development, advocacy, or implementation of specific policies or guidelines within an organization or society.

Conservatives

People or political groups that generally advocate for preserving traditional values and institutions, emphasizing stability and continuity.