Which of the Following Is the Correct Formula for the Asset

question 80

Multiple Choice

Which of the following is the correct formula for the asset turnover ratio?

• A)Net sales ÷ Average total assets
• B)Net sales ÷ Cost of goods sold
• C)Net Sales ÷ Net assets
• D)Net profit ÷ Net sales

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Definitions:

Antisocial Behavior

involves actions that harm or lack consideration for the well-being of others, often violating social norms or laws.

Personality

The distinct blend of feelings, attitudes, and actions characterizing a person's responses.

Resilience

The capacity to recover quickly from difficulties; toughness, particularly in the face of adversity or trauma.

Stable Trait

A characteristic of an individual that is relatively enduring and consistent across different situations and over time.