MTQForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › MTQThis topic has 0 replies, 1 voice, and was last updated 1 year ago by James124.Viewing 1 post (of 1 total)AuthorPosts December 3, 2022 at 5:03 pm #673249 James124ParticipantTopics: 166Replies: 138☆☆☆Which statement is true If the turnover of Pind Co increased by 20%, the asset turnover would increase by 20%.If Pind Co has a different depreciation policy to its competitors, the asset turnover ratio will not be comparable.Both are true. Can you tell why second is false? Is it due to Retained Earnings because sales have nothing to do with depreciation.AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In