would a crop farm that owns none of the crop acres it farms be more likely to have a strong asset turnover…

would a crop farm that owns none of the crop acres it farms be more likely to have a strong asset turnover ratio or operating expense ratio? 1 point asset turnover ratio operating expense ratio interest expense ratio = interest expense ÷ gross revenue income from operations ratio = (income from operations - interest expense) ÷ gross revenue skip for now submit answer 9:20 14:51

would a crop farm that owns none of the crop acres it farms be more likely to have a strong asset turnover ratio or operating expense ratio? 1 point asset turnover ratio operating expense ratio interest expense ratio = interest expense ÷ gross revenue income from operations ratio = (income from operations - interest expense) ÷ gross revenue skip for now submit answer 9:20 14:51

Answer

Explanation:

Step1: Understand asset - turnover ratio

Asset - turnover ratio = Revenue / Average total assets. If a farm owns none of the crop acres it farms, its total assets are likely low. With a given level of revenue, a lower asset base leads to a higher asset - turnover ratio.

Step2: Understand operating - expense ratio

Operating - expense ratio is related to total operating expenses relative to revenue. There is no clear indication that not owning land would directly lead to a strong (either high or low in a positive sense) operating - expense ratio. It depends on other operating costs like labor, seeds, etc.

Answer:

Asset turnover ratio