If a Company's Asset Turnover Ratio Decreased from 2012 to 2013,which

question 57

Multiple Choice

If a company's asset turnover ratio decreased from 2012 to 2013,which of the following conclusions can be made?

• A)The company was more efficient during 2013 in using its assets to produce profits
• B)The company produced less sales in 2013 for each dollar invested in assets.
• C)The company was less profitable in 2012.
• D)The company over invested in assets in 2013.

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