Which of the Following Best Describes What a Turnover Ratio

question 45

Multiple Choice

Which of the following best describes what a turnover ratio measures?

• A)how many times the denominator is being used to generate the numerator value in a given period.
• B)for each dollar invested in the denominator, how much in the numerator value is generated.
• C)how efficiently the management of the firm is managing the denominator value.
• D)all of the above.

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