Which of the Following Is the Correct Formula for the Asset

question 28

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:

Ghrelin

A hormone produced in the stomach that stimulates appetite, promoting the feeling of hunger before meals.

Leptin

A hormone produced by fat cells that helps to regulate body weight by inhibiting hunger and therefore reducing food intake.

Glucose

A simple sugar and a key source of energy for cells in the body, also the main sugar found in the bloodstream and used for metabolic processes.

Achievement Motivation

The drive to pursue and attain goals, an intrinsic motivation to achieve excellence and accomplish tasks with significance.