The Asset Turnover Ratio Is Calculated by Dividing

question 79

Multiple Choice

The asset turnover ratio is calculated by dividing

• A) net income by ending total assets.
• B) net sales by average total assets.
• C) net sales by ending total assets.
• D) net income by average total assets.

---

Definitions:

Virtuous Person

An individual who embodies and practices moral virtues consistently, demonstrating qualities such as honesty, courage, compassion, and integrity.

Sense of Humor

The trait of appreciating (and being able to express) the humorous, which can make stressful situations more manageable and life more enjoyable.

Morality Origins

The investigation or discussion regarding where moral standards or values come from.

God's Laws

The moral and ethical codes believed to be ordained by a divine entity, often found within religious texts or traditions.