Accountancy, asked by vaishnavi00470074, 2 months ago

stock turnover ratio indicates ability of management in​

Answers

Answered by Renuka88470
1

Answer:

This ratio tells us how effectively and efficiently a company is using its fixed assets to generate revenues. This ratio indicates the productivity of fixed assets in generating revenues. If a company has a high fixed asset turnover ratio, it shows that the company is efficient at managing its fixed assets.

Similar questions