Above Are Portions of the Balance Sheet and Income Statement

question 25

Multiple Choice

Above are portions of the balance sheet and income statement for two companies in 2008.Based upon this information,which of the following statements is most likely to be true?

• A)Asset turnover ratios indicate that firm A is generating greater revenue per dollar of assets than firm B.
• B)Fixed asset turnover ratios indicate that firm A generating fewer sales for the assets they employ than firm B.
• C)Both asset turnover ratios and fixed asset turnover ratios indicate that firm A is generating greater revenue per dollar of assets than firm B.
• D)Fixed asset turnover ratios indicate that firm A generating more sales for the assets they employ than firm B.

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Definitions:

Ingratiating Tactics

Strategies aimed at gaining favor or acceptance from others through flattery, compliments, or acts of kindness.

Exchange Tactics

involve strategies used in negotiation or interaction to gain an advantage or achieve a desired outcome through the offering, withholding, or trading of resources or benefits.

Consultation

The process of getting advice or guidance from someone knowledgeable in a specific area.

Pressure Tactics

Strategies or methods applied to persuade or compel someone to act in a desired way, often involving the use of stress or coercion.