A firm with a total asset turnover lower than the industry standard and a current ratio which meets the industry standard may have ______.
excessive fixed assets, excessive inventory, excessive accounts receivable, or excessive debt
please advise answer & why - thanks!© BrainMass Inc. brainmass.com March 4, 2021, 6:12 pm ad1c9bdddf
current ratio = current assets / current debt
asset turnover = sales ...
The expert examines total asset turnovers for industry standards.