Which of the Following Describes the Asset Turnover Ratio

question 62

Multiple Choice

Which of the following describes the asset turnover ratio?

• A) Average total assets divided by sales
• B) Net sales divided by net income
• C) Net sales divided by average total assets
• D) Average total assets divided by net income

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Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals to cope with reality and to maintain self-image.

Alfred Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology and emphasized the importance of feelings of inferiority and the creative self.

Compensation

The act of providing something, often monetary, to make up for a loss, injury, or suffering.

Neurotic Personality

A personality type characterized by a pervasive pattern of emotional instability and anxiety.