asset turnover

This topic has 3 replies, 2 voices, and was last updated 11 years ago by John Moffat.

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December 11, 2014 at 1:52 pm #220216
maan87
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Hi JOHN sir, kindly help me with the following:

Asset turnover ratio is a measure of:

a. cost centre
b. revenue centre
c. profit centre
d. investment centre
December 12, 2014 at 12:27 pm #220336
John Moffat
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Investment centre. It is only an investment centre that is able to make decisions over investments in assets.
December 14, 2014 at 4:33 pm #220543
maan87
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thanks john sir,
December 15, 2014 at 9:09 am #220609
John Moffat
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You are welcome 🙂
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