Asked by
Saone Trada
on Nov 08, 2024
Verified
Total asset turnover is a determinant of growth.
Total Asset Turnover
A financial ratio that measures how efficiently a company utilizes its assets to generate sales.
Growth Determinant
Factors that influence the expansion and development of a company, sector, or economy, including technology, government policy, and market demand.
- Recognize the variables that dictate a business's growth and their linkage to financial procedures.
Verified Answer
NP
Learning Objectives
- Recognize the variables that dictate a business's growth and their linkage to financial procedures.