Question: All other things remaining the same, if total assets declines, the asset turnover ratio will _ _ _ _ _ . Question 1 3 options:
All other things remaining the same, if total assets declines, the asset turnover ratio will
Question options:
decrease
increase
stay the same
will decrease, but the amount of change will depend on the profit margin
will increase, but the amount of change will depend on the profit margin
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