An entrepreneur claimed that her new company had generated both superior profit margin performance and superior asset

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An entrepreneur claimed that her new company had generated both superior profit margin performance and superior asset turnover performance. Explain whether such an outcome is likely to happen.

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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Financial Accounting An Introduction to Concepts, Methods and Uses

ISBN: 978-1133591023

14th edition

Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis

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