High fixed asset or total asset turnover ratio means

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Reference no: EM131602516

Which of the following statements is (are) true?

A. A high fixed asset or total asset turnover ratio means that the firm is using its recourses efficiently.

B. Your firm's goal is to increase an inventory turnover ratio.

C. If your firm's DSO (Days Sales Outstanding) is longer that the industry average, your firm has very lenient credit collection policy.

D. All are true.

Reference no: EM131602516

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