The ratio of gross annual sales to the fixed capital inve... — Answer & Explanation | PrepBeePakistan

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HomeMCQsChemical Engineering

MEDIUMENGLISHChemical Engineering

The ratio of gross annual sales to the fixed capital investment is termed as the ________________ ratio?

Correct answer: C

Explanation

This ratio measures how many times the sales are relative to the fixed assets. It is commonly known as the Fixed Asset Turnover Ratio.

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