What additional information does the fixed asset turnover ratio provide over the total asset turnover ratio? For

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What additional information does the fixed asset turnover ratio provide over the total asset turnover ratio? For which industries does it carry greater significance?

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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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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