Asked by Amanda Jones on Jul 09, 2024

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The ratio that captures information about property,plant,and equipment utilization is

A) current asset turnover.
B) long-term asset turnover.
C) asset turnover.
D) property turnover.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.

Property Turnover

A measure of how efficiently a company generates revenue from its assets, often by comparing sales to the average value of property, plant, and equipment.

Current Asset Turnover

A financial metric that measures how efficiently a company uses its current assets to generate revenue, revealing asset management effectiveness.

  • Acquire knowledge on the composition and elements of Return on Assets (ROA).
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Cristina GutierrezJul 16, 2024
Final Answer :
B
Explanation :
Long-term asset turnover captures information about the efficiency of using long-term assets, which includes property, plant, and equipment. Current asset turnover and asset turnover do not specifically focus on long-term assets, and there is no such term as property turnover.