In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
The insecticide is very powerful and can kill a wide ___________ of insects.
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
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 & ExplanationAnswer: A) The efficiency of management's use of assets to generate sales
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.
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