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Total asset turnover indicates the company's:

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 26MCQ

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Question

Total asset turnover indicates the company's:

A. Profitability.
B. Ability to use its assets to generate sales.
C. Liquidity.
D. Debt position

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