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Which of the following is an asset utilization ratio?Multiple Choicereturn on assetsreceivables turnoverreturn on equitycurrent ratio

Question

Which of the following is an asset utilization ratio?Multiple Choicereturn on assetsreceivables turnoverreturn on equitycurrent ratio
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Solution 1

The asset utilization ratio among the options given is "receivables turnover". This ratio measures how effectively a company uses its assets to generate revenue. It is calculated by dividing the net credit sales by the average accounts receivable during a certain period. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-

AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered stud

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