If a company is successful in acquiring several large buildings at the end of the year, what

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If a company is successful in acquiring several large buildings at the end of the year, what is the effect on the total asset turnover ratio?
a. The ratio will increase.
b. The ratio will not change.
c. The ratio will decrease.
d. Either (a) or (c).

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Financial Accounting

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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