Balpreet believes that when comparing the ratios for one company over a two-year period, it is more

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Balpreet believes that when comparing the ratios for one company over a two-year period, it is more important for a company to have an improved asset turnover than it is to have an improved return on assets. Do you agree or disagree? Why?
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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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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