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.
A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.
“Do you really come from Spain?” said the Queen.
A) The Queen asked did he really came from Spain.
B) The Queen enquired about his country.
C) The Queen asked whether he really came from Spain.
D) The Queen ask which country he is from.
A) The Queen asked did he really came from Spain.
B) The Queen enquired about his country.
C) The Queen asked whether he really came from Spain.