The Asset Turnover of an Organisation Can Be Calculated As

question 70

Multiple Choice

The asset turnover of an organisation can be calculated as:

• A) the amount of sales revenue divided by total invested capital.
• B) total invested capital divided by sales revenue.
• C) total sales revenue divided by profit.
• D) profit divided by sales margin.

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Definitions:

Due Process Clause

A constitutional provision that guarantees fundamental fairness and reasonable treatment in legal and administrative proceedings.

Corporate Charter

A legal document that establishes a corporation and outlines its structure, rights, and responsibilities.

Imposing Criminal Penalties

The act of enforcing legal sanctions or punishments for violations of criminal laws.

Long-Arm Statutes

Laws that allow a court to exercise personal jurisdiction over an out-of-state defendant on the basis of certain activities conducted within the state.