Fixed asset and total asset turnover ratio, Finance Basics

Assignment Help:

Fixed Asset and Total Asset Turnover Ratio

Fixed asset turnover = Annual Sales / Fixed Assets

This ratio indicate the efficiency along with which, the fixed assets were employed to generate sales revenue like a ratio of 1.4 means one shilling of fixed assets was employed to generate Sh.1.4 of sales.

Total asset turnover = Annual sales /Total assets

The ratio signify amount of sales revenue generated from employment of one shilling of total asset.

Related Discussions:- Fixed asset and total asset turnover ratio

Cum intrest accounting, what is cum interest

what is cum interest

Explain the term - giving margin money to broker, Explain the Giving Margi...

Explain the Giving Margin Money to Broker Marin is the amount of money which is provided by customer to the brokers who have agreed to trade their securities. It may

Investment analysis, Investment Analysis Any type of company will inve...

Investment Analysis Any type of company will invest finance for the sake of deriving a return that is useful for four main purposes as: 1. To reward the owners or shareholder

Estimate the present value of benefits, (a) A couple has just celebrated th...

(a) A couple has just celebrated their 25th wedding anniversary. What is the probability of them celebrating their 50th wedding anniversary, if the husband is aged exactly 50, his

Social responsibility - objectives of business entity, Social responsibilit...

Social responsibility - Objectives of Business Entity The firm must decide where to operate strictly in their shareholders' best interests or be responsible to their staff, th

Analysis on capital budgeting npv or eaa, As the Chief Financial Officer fo...

As the Chief Financial Officer for the wholly Australian owned, Australian Stock Exchange listed company, Toy Show Ltd., an importer and manufacturer of a range of quality children

Management of company and directors, Management of company and Directors ...

Management of company and Directors They will consequently be interest in as: a) In generating profits efficiency of the company b) The company's capability to generate

Accounting, iwant to learn how todo the maths for accounting

iwant to learn how todo the maths for accounting

Dow Theory, Dow theory elliot wave theory

Dow theory elliot wave theory

Calculate the current ratio, For each of the financial statement ratios lis...

For each of the financial statement ratios listed below calculate the ratio for the current year and for the prior year. (Note that in most textbooks, some of the ratios call for a

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages