What is the total asset turnover ratio?

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What is the total ratio?
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

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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Question Posted: Nov 30, 2017 10:04 AM

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What is the total asset turnover ratio?

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The total asset turnover ratio The total asset turnover ratio tells us about the sa...View the full answer

Financial Accounting

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