Company A has a total assets turnover of 4 times and manufactures heavy machinery. Company B has

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Company A has a total assets turnover of 4 times and manufactures heavy machinery. Company B has a total assets turnover of 6 times, and grows and distributes fresh fruits and vegetables. Which company has a better turnover, and why?

a) Company A has a better turnover relative to company B.

b) Company B has a better turnover relative to Company A.

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CFIN

ISBN: 978-1305666870

5th edition

Authors: Scott Besley, Eugene Brigham

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Posted Date: Feb 21, 2020 10:42 PM

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Company A has a total assets turnover of 4 times and manufactures heavy machinery. Company B has

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a Company A has a better turnover relative to company B is correct Explanation Asset turnover i... View the full answer

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