Skip to main content
Financial Accounting
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Back
Ratios: Total Asset Turnover
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Ratios: Total Asset Turnover
Download worksheet
Practice
Summary
Previous
3 of 10
Next
14. Financial Statement Analysis / Ratios: Total Asset Turnover / Problem 3
Problem 3
How might a company with a high total asset turnover ratio leverage this in strategic decision-making?
A
Reduce sales to decrease the ratio.
B
Focus on expanding sales further while maintaining efficient asset use.
C
Ignore industry benchmarks as the ratio is already high.
D
Increase asset levels without focusing on sales.
AI tutor
0
Show Answer