Sunday
November 23, 2014

Homework Help: finance (asset turnover)

Posted by Jason on Friday, July 25, 2008 at 1:30pm.

Total asset turnover indicates the firm's

A. liquidity
B. debt postition
C. ability to use its assets to generate sales
D. profitability

I can't remember the name of the ratio right now, but I remember reading about an asset ratio that is a metric for asset turnover.....

the ratio by itself is meaningless bbut when compared with company and industry benchmarks it can tell financial managers if the company physical capital is depreciated and out of date or if the company has spent too much cas capital on new machines.

I can't explain myself any better than that right now.

I think (C) is the correct answer

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance (total asset turnover) - Total asset turnover indicates the firm's? A. ...
Financial Management - 1. Total asset turnover indicates the firm's a)liquidity...
Finance - Recreational Supplies Co. has net sales of $9,191,375, an ROE of 31.02...
Accounting/Financing - I am so weak at this new class I started no matter how ...
Math - The asset turnover of a company is 3.2. The total assets are $32,000.00. ...
Accounting/Financing - I am so weak at this new class I started no matter how ...
Accounting - using the financial statements of landry's restaurant located in ...
Finance - A firm wants to maintain a growth rate of 7% without incurring any ...
Finance - A firm has return on equity of 15 percent, earnings before taxes of $...
Finance - Financial Analysis of the McDonalds Company Stock ticker symbol, ...

Search
Members