Which Ratio Calculates the Amount of Sales Generated by Each

question 52

Multiple Choice

Which ratio calculates the amount of sales generated by each $1 invested in assets?

• A)Total asset turnover
• B)Return on equity
• C)Return on assets
• D)Equity multiplier
• E)DuPont identity

---

Definitions:

Financial Resources

Assets, wealth, or capital used to support a person’s or organization's needs and objectives.

New Stepfamily

A family unit formed when one or both partners in a marriage or committed relationship bring children from previous relationships.

Stepparents

Adults who become parents to their spouse's or partner's biological or adopted children in a blended family scenario.

Stepfamilies

Families formed through marriage or cohabitation where at least one partner has children from a previous relationship, blending parents and children into new family units.