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Q:
A) The efficiency of management's use of assets to generate sales | B) The need for asset replacement |
C) The cash flows used to acquire assets | D) The relation between asset cost and book value |
Answer: A) The efficiency of management's use of assets to generate sales
Explanation:
Explanation:
Total asset turnover is the ratio which measures the value of a company's sales or revenues relative to the value of its assets. It is used to evaluate The efficiency of management's use of assets to generate sales.