Which of the Following Has Been Linked with the Long-Term

question 47

Multiple Choice

Which of the following has been linked with the long-term growth and profitability of business organizations?

• A) high standards for product quality
• B) high standards for employee welfare
• C) high standards for customer service
• D) all of the above

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Definitions:

Fixed Asset Turnover Ratio

A financial metric that measures a company's efficiency in using its fixed assets to generate sales, calculated by dividing sales by the book value of fixed assets.

Net Fixed Assets

The value of a company's property, plant, and equipment minus any accumulated depreciation, representing long-term investments in the business.

Sales

The exchange of goods or services for money; also refers to the function or department within a business that handles this activity.

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations based on its current income.