Answer:
D. 2.97
Explanation:
The net operating asset turnover ratio is used to measure the efficiency of operating assets and to determine how well these assets are used to generate sales. The assets that are tested here are operating assets that are those assets which are required to run the day-to-day operations of the business. For instance, Property, plant, and equipment, inventory, and cash etc. Investments and unutilized assets do not fall under this category.
Here are are required to calculate the net operating asset turnover ratio, which is calculated as follows:
Net operating asset turnover = Net sales / Net operating assets
⇒ Net operating asset turnover for 2016 = 117,351 m / 39,502 m = 2.97.
It means that for each dollar invested in the operating assets generates $2.97 of revenue.
REGRESSION ANALYSIS METHOD
OPERATING CYCLE METHOD
PERCENTAGE OF SALES METHOD
Answer:
E. The demand for loanable funds increases.
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