3) The ratio that explains how
efficiently companies use their
assets to generate revenue.
O Receivable
O current
O Asset turnover ratio
O Debrots
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0
Answer:
o = asset turnover ratio
Answered by
1
Answer:
The asset turnover ratio measures the efficiency with which a company utilizes its assets to generate sales. The ratio calculates net sales as a percentage of assets. This ratio is calculated at the end of a financial year and can vary widely from one industry to another.
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