EBK ESSENTIALS OF INVESTMENTS
EBK ESSENTIALS OF INVESTMENTS
10th Edition
ISBN: 8220102800267
Author: Bodie
Publisher: YUZU
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Chapter 14, Problem 2CP

Which of the following best explains a ratio of “net sales to average net fixed assets” that exceeds the industry average? LO 14 3
a. The firm added to its plant and equipment in the past few Years.
b. The firm makes less efficient use of its assets than other firms.
c. The firm has a lot of old plant and equipment.
d. The firm uses straight-line depreciation.

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