The asset turnover ratio

a. considers how much revenue a firm is able to generate relative to its assets base

b. affects the firm's ROE in that a higher ratio increases ROE and a lower ratio decreases ROE other things equal

c. captures the capital intensity of a business: the more capital intense a firm is, the lower its asset turnover

d. all of the above

Answer rating: 100% (QA)

d all of the above Asset turnover ratio Turnover Total assets ... View the full answer