The Fixed Asset Turnover Ratio Is Computed as Average Net

question 143

True/False

The fixed asset turnover ratio is computed as average net fixed assets divided by total revenues.

---

Definitions:

Cookies

Small, usually sweet baked goods that are often made with flour, sugar, and some type of oil or fat.

Comparative Advantage

The skill of a person or group to undertake a particular economic operation more adeptly than another activity.

Answering Phones

Involves handling incoming calls and may include tasks such as providing information, taking messages, or scheduling appointments.

Comparative Advantage

The skill of an individual, enterprise, or nation in producing a commodity or performing a service with a lower sacrifice of alternative opportunities than competing entities.