a total asset turnover ratio of 3.4 indicates that?

What are some pros and cons of holding high levels of current assets in relation to sales? Use the DuPont equation to help explain your answer.

For the composite method, the composite a. rate is the total cost divided by the total annual depreciation. b. rate is the total annual depreciation divided by the total depreciable cost. c. life is the total cost divided by the total annual depreciation. d. life is the total depreciable cost divided by the total annual depreciation.

A. Which of the following is most closely associated with the cost of using assets? a. Asset utilization b. Sales revenue c. Proportion of debt and equity d. Average price   B. Which of the following is most closely associated with the return on management’s use of assets? a. Cost of capital b. Mix of equity types c. Prime lending rate d. # of products sold

FIFO, Average cost, and LIFO are often used for inventory valuation purposes. Compare these methods and discuss the effects of each method in the determination of income and asset management

Asset measurements in conventional financial statements * are confined to historical cost. are confined to historical cost and curren cost. reflect several financial attributes. O do not reflect output values.

For the Asset Turnover ratio, which of the following best describes net assets?  multyple choice Fixed Assets + Current assets foxed Asseta +Current assets -Current fabilities Current assets -Current liubitbes Fared assets +Current assets- Cerent lubilities Long term