Question: Efficiency ratios are important to look at how efficiently a company is using its assets. An example of this would be the Asset Turnover Ratio,
Efficiency ratios are important to look at how efficiently a company is using its assets. An example of this would be the Asset Turnover Ratio, which is calculated as...
Net Sales/ Current Assets
Gross Sales /Total (or net) Assets
Net sales /Total (or net) Assets
Gross Sales/ Current Assets
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