Accountancy, asked by mikupiku, 1 year ago

definition of total assets turnover ratio with formula?

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Answered by Anonymous
1

The result should be a comparatively greater return to its shareholders. The formula for total asset turnover is: Net sales รท Total assets = Total asset turnover. For example, a business that has net sales of $10,000,000 and total assets of $5,000,000 has a total asset turnover ratio of 2.0.

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