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What Is Asset Turnover Ratio?

January 24, 2024 by Ahmed Ali

What Is Asset Turnover Ratio? Asset turnover ratio is a type of efficiency ratio that measures the value of your business’s sales revenue relative to the value of your company’s assets. It’s an excellent indicator of the efficiency with which a company can use assets to generate revenue. What is the formula for asset turnover?

What Does It Mean When Assets Decrease?

January 24, 2024 by Ahmed Ali

What Does It Mean When Assets Decrease? A decrease in an asset is offset by either an increase in another asset, a decrease in a liability or equity account, or an increase in an expense. An example of the first is an inventory purchase. … The inventory balance decreases and the cost of the goods