select all true statements

Question $3$ options:

activity ratios are also called liquidity ratios

inventory turnover is defined as net sales divided by inventory

an inventory turnover above the benchmark is$,$ generally, a good thing

a firm has a total asset turnover of $1\mathrm{.}5$x$.$ This could be interpreted as the firm being able to generate $$1\mathrm{.}50$ in sales for every $$1$ of total asset