Richlieu's asset turnover ratio isA) 2.5 times.B) 1.9 times.C) 1.5 times.D) 1.3 times.

Question

Vishaal Kumar · Accepted Answer

Final Answer : B, Explanation :  The asset turnover ratio is calculated by dividing net sales by average total assets. Without specific financial figures provided for Richlieu, it's impossible to accurately calculate the asset turnover ratio. Therefore, without additional context or numerical data, any choice provided would be a guess. The correct answer would depend on Richlieu's financial data, which has not been provided.

Richlieu's asset turnover ratio is

A) 2.5 times.
B) 1.9 times.
C) 1.5 times.
D) 1.3 times.

Definitions

Learning Objectives

Learning Objectives

Related questions