Business, 28.12.2019 02:31 mika08

Digby has an asset turnover of 1.57 (asset turnover = sales/assets). that means:
a) every $1.57 of profit in the firm comes from each $1.00 of sales.
b) each $1.00 of assets in the firm generates $1.57 of sales revenue.
c) every $1.00 of assets in the firm generates $1.57 of profit.
d) every $1.57 of assets in the firm generates $1.00 of sales.

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Digby has an asset turnover of 1.57 (asset turnover = sales/assets). that means:
a) every $1...

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