Total Asset Turnover Is Calculated by Dividing Average Total Assets

question 147

True/False

Total asset turnover is calculated by dividing average total assets by net sales.

---

Definitions:

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical and not masked by a dominant allele.

Medial

Positioned toward the midline of the body or an organ.

Pathophysiology

The study of the disordered physiological processes associated with disease or injury.

DNA

Deoxyribonucleic acid, often abbreviated as DNA, is the carrier molecule encompassing genetic instructions instrumental in the growth, development, function, and reproduction of all acknowledged living entities and multiple viruses.