A firms total assets turnover decreased, but its accounts receivable, inventory, and fixed asset turnover increased. Suggest
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Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Assets other than accounts receivable inventory or fixed assets must ...View the full answer
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Related Book For 
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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