Net Revenue Divided by Average Net Fixed Assets Is the Calculation

question 9

Multiple Choice

Net revenue divided by average net fixed assets is the calculation for which of the following ratios?

• A)Net profit margin
• B)Fixed asset turnover
• C)Current ratio
• D)Return on assets

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Definitions:

Invention

The creation of a new device, process, or method, often something that has not existed before.

Division of Labor

The allocation of different parts of a manufacturing process or task to different people, based on specialized skills, to increase efficiency.

Pre-agriculture Societies

Human communities that existed before the development of farming and agricultural practices, typically relying on hunting, gathering, and fishing for subsistence.

Jobs

Positions of employment where individuals are hired to perform specific duties in exchange for compensation.