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In the fiscal year ended in 2020, Walmart's total asset turnover ratio was 2.28 and,...

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Accounting

In the fiscal year ended in 2020, Walmart's total asset turnover ratio was 2.28 and, in the fiscal year ended in 2019, total
asset turnover ratio was 2.41. Between 2019 and 2020, what does this suggest about Walmart over time?
Walmart's management generates fewer sales over time.
Walmart was less liquid, but the company is still able to pay short-term obligations with current assets.
Walmart's management was less effective at generating revenues or controlling costs over time.
Walmart's management was less effective at utilizing assets to generate sales over time.
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