Net Sales Divided by Average Total Assets Is Equal to The

question 138

Multiple Choice

Net sales divided by average total assets is equal to the:

• A)Profit margin.
• B)Total asset turnover.
• C)Current ratio.
• D)Sales return ratio.
• E)Return on total assets.

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Definitions:

Polychaetes

A class of annelid worms, characterized by having many legs or bristles, often living in marine environments.

Tapeworms

Parasitic flatworms that live in the digestive tract of vertebrates, absorbing nutrients from the host's intestine.

Annelids

A phylum of segmented worms that includes earthworms, leeches, and their relatives, characterized by a segmented body and a coelom.

Segmentation

The division of a body or a structure into repetitive segments, as seen in organisms like annelids, arthropods, and vertebrates.