CFA Practice Question
Which of the following is NOT a routinely used operating profitability ratio?
A. EBIT/net sales.
B. Net income/net sales.
C. Sales/Total Assets.
Explanation: Sales/Total Assets, or Total Asset Turnover is a measure of operating efficiency, not operating profitability.
User Contributed Comments 1
| User | Comment |
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| pigletin | i hate formula questions |