Asset Turnover

question 37

Multiple Choice

Asset turnover:

• A) is calculated from information found on a firm's income statement
• B) is calculated by dividing total assets by net sales
• C) reveals how profitable a company is
• D) compares how well competing firms manage their assets
• E) is another term for inventory turnover

---

Definitions:

Options

In finance, contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a certain date.

Back Matter

The final sections of a book, which may include appendices, glossaries, indexes, and bibliographies.

Primary Purposes

Primary purposes are the main objectives or reasons for which something is created, done, or exists.

Decision Matrix

A tool that helps in evaluating and prioritizing a list of options or alternatives based on a set of criteria.