Net Sales Divided by Total Assets Equals ________

question 61

Multiple Choice

Net sales divided by total assets equals ________.

• A) financial leverage
• B) investment intensity
• C) inventory turnover
• D) asset turnover

Understand and apply principles of inclusive and non-biased communication.

Recognize and utilize specific and clear language in business writing.

Distinguish between connotative and denotative meanings of words.

Identify and avoid ethnically and racially biased language.

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Definitions:

Production Departments

Specific areas or units within a manufacturing facility where distinct phases of the production process are carried out.

Support Department Costs

Costs associated with the departments that provide essential services to other operational departments within a company but do not directly generate revenue.

Products

Products are goods or services that are created or provided by businesses and made available to consumers for purchase or consumption.

Plantwide Overhead

The total of all overhead costs for a manufacturing plant, which may be allocated to products based on a predefined rate or method.