If Net Sales Revenue $\bold{rises}$ 5% While the Average Book Value of Fixed Assets Falls

question 38

Multiple Choice

If net sales revenue $\bold{rises}$ 5% while the average book value of fixed assets falls 5%:

• A)the fixed asset turnover ratio will rise.
• B)the fixed asset turnover ratio will fall.
• C)the fixed asset turnover ratio will stay the same.
• D)the impact on the fixed asset turnover ratio cannot be determined since the beginning values are unknown.

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Definitions:

Adaptive Behavior

Actions or skills that a person learns and uses to adjust to or manage their surroundings and everyday life effectively.

Bayley-III

The third edition of the Bayley Scales of Infant and Toddler Development, a comprehensive tool used to assess the developmental functioning of infants and young children.

Stimulus

Any external event or situation that influences an individual's sensory input and can elicit a physiological or psychological response.

Bayley Scales

A series of standardized tests used primarily to assess the motor (fine and gross), cognitive, and language development of infants and toddlers, ranging from birth to 3 years old.