It Is Appropriate to Use the Fixed Assets Turnover Ratio

question 75

True/False

It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only if all of the firms being compared have the same proportion of fixed assets to total assets.

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Definitions:

Oxidation Number

A figure that represents the total number of electrons an atom either gains or loses in order to form a chemical bond with another atom.

Oxidation Number

A value that represents the total number of electrons that an atom either gains or loses in order to form a chemical bond with another atom.

Cl

Symbol for Chlorine, a reactive, yellow-green gas at room temperature, belonging to the halogen group in the periodic table, with applications in water purification, disinfectants, and bleach.