Total assets turnover ratio

From CNM Wiki
Revision as of 17:40, 1 November 2019 by Gary (talk | contribs)
Jump to: navigation, search

Total assets turnover ratio is a ratio that measures the turnover of all the firm's assets; it is calculated by dividing sales by total assets.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Total assets turnover ratio. Measures the turnover of all the firm's assets; it is calculated by dividing sales by total assets.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Related concepts

Related lectures