Question: An increase in the fixed asset turnover ratio from 2 . 0 to 2 . 7 indicates a . a favorable trend in the efficiency

An increase in the fixed asset turnover ratio from 2.0 to 2.7 indicates
a. a favorable trend in the efficiency of using fixed assets to generate sales.
b. a favorable trend in the efficiency of using fixed assets to pay down debt.
c. an unfavorable trend in the efficiency of using fixed assets to generate sales.
d. None of these choices are correct.

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