Answered: A measure of asset utilization is A.…

A measure of asset utilization is A. Sales divided by working capital b. Return on total assets c. Return on equity capital d. Operating profit divided by sales e. None of these is correct.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 5SEQ

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A measure of asset utilization is
A. Sales divided by working capital
b. Return on total assets
c. Return on equity capital
d. Operating profit divided by sales
e. None of these is correct.

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