The ratio that explains how efficiently companies use their assets to generate sales is ............

CS Executive · Corporate and Management Accounting · PYQS · June 2024
The ratio that explains how efficiently companies use their assets to generate sales is ............
(A) Revenue asset ratio
(B) Receivable turnover ratio
(C) Income ratio
(D) Fixed Asset turnover ratio

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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