Question
A company reporting a Total Asset Turnover Ratio
significantly higher than the industry average most likely indicates that:Solution
Asset Turnover Ratio measures the efficiency of a company's use of its assets in generating revenue. 
A higher ratio implies better utilization of resources. It does not directly guarantee higher profits (which depends on margins) or a better P/E ratio.Â
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements: Some pins are mirrors. Â
All mirrors are boxes.
Conclusions:I. Some boxes are pins.Â
 II. Some boxes are mirrors.
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varia...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
- Statements:
Some flower are stem.
Some stem are root.
Each root is plant.
Conclusions:
I. All stem are plant is a p... In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements: Some speaker are enjoyment.
                         No enjoyment is a music.
Conclusions: I. ...
Statement:
All cars are scooters.
All cars are vans.
Some scooters are ambulances.
No ambulances are train...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
