Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 13 - Financial Analysis: The Big Picture - Self-Test Questions - Page 726: 10

Answer

B - asset turnover

Work Step by Step

Asset turnover is not a liquidity ratio, it is a profitability ratio, measuring how efficient a company is in using its assets to generate revenue.
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