Wednesday, February 1, 2012

Profitability Ratios #2: Asset Turnover


Asset Turnover

The measure of how efficiently the company's assets are working. 


Formula


Example


Balance Sheet

Sales or Turnover
230,000

Fixed Assets
100,000

Current Assets
50,000

Current Liabilities (under 1 year)
25,000


Solution



2 comments:

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