Pictograms

question 72

Multiple Choice

Pictograms

• A) add interest to ordinary bar charts.
• B) are mathematically exact.
• C) are best suited for reports that require precise data.
• D) are useful for scientific and technical audiences.

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Definitions:

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets by comparing sales to total assets.

Average Sale Period

The time it takes to convert your inventory into sales, usually expressed in days.

Average Sale Period

The average sale period is the average time taken to convert inventory into sales, often used to assess the efficiency of a business's inventory management.

Average Collection Period

The average time it takes for a company to receive payments owed by its customers, indicating the effectiveness of its credit and collection policies.