A Declining Fixed Asset Turnover Ratio Suggests That A

question 266

Multiple Choice

A declining fixed asset turnover ratio suggests that a:

• A)company is not as efficient in using its fixed assets as it was in previous periods.
• B)company's net sales must be increasing.
• C)company must have purchased some intangible assets.
• D)company's beginning fixed asset balance must be greater than its ending fixed asset balance.

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Definitions:

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Social-cognitive Perspective

An approach in psychology emphasizing the importance of observational learning, self-efficacy, situational influences, and cognitive processes in the understanding of behavior.