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).

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.

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Financial Accounting

ISBN: 978-1259964947

10th edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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Question Posted: Oct 11, 2019 10:56 AM

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

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Financial Accounting

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