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Q. Illustrate about Asset turnover - performance ratios?
Asset turnover = Turnover / Total assets or Capital employed
This shows how much sales are generated for every £1 of capital employed. A low asset turnover indicates that the business is not using its assets affectively and should either try to increase its sales or dispose of some of the assets.
A company with old noncurrent assets that are almost completely depreciated will show a high asset turnover, whereas a company with recently acquired noncurrent assets will show a low asset turnover. Different accounting policies will also give different ratios, for example using the cost model to or re-valuation model. The age of the non-current assets is important in understanding the ratio. Recently acquired noncurrent assets will not be generating revenues to their full extent.
Banking Systems Fraud and Technology Approach It is my intention to use the Banking Systems in Nigeria for this case study. I have observed that the process of banking operat
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i need some template on the above statement
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