What is the purpose of measuring asset turnover for different asset categories?

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What is the purpose of measuring for different asset categories?

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 Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:29 AM

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What is the purpose of measuring asset turnover for different asset categories?

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The sales to total assets asset turnover component of the return on invested capital measure ...View the full answer

Financial Statement Analysis

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