If Pizza Pizza Reports an Asset Turnover Ratio of 2

question 18

Multiple Choice

If Pizza Pizza reports an asset turnover ratio of 2.34 for 2011 and their competitor Pizza Hut reports 3.79 for their 2011 ratio,it means which of the following?

• A)Pizza Pizza is better able to pay their current obligations with their current assets.
• B)Pizza Pizza has been more effective in managing the use and level of its assets.
• C)Pizza Pizza has been less effective in managing the use and level of its assets.
• D)Pizza Pizza is less able to pay off their current obligations with their current assets.

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Definitions:

Unconscious

The part of the mind that is inaccessible to the conscious mind but that affects behaviors and emotions.

Conscious

Pertains to the awareness of one's own existence, sensations, thoughts, surroundings, and the ability to experience feelings.

Anal Stage

The second stage in Freud's psychosexual development, occurring approximately between the ages of 18 months and three years, where the anus is the primary erogenous zone.

Weapon

An instrument or device designed to inflict harm or physical damage.