Which of the following situations is most likely to explain a net operating asset turnover that is higher than the industry norm?
A. The company has more recently purchased fixed assets
B. The company uses FIFO while competitors use LIFO
C. The company uses accelerated depreciation method while competitors use straight line
D. The company extends more credit to customers than competitors
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.