Question
Jan Villaroel
Topic: Accounting Posted 2 months ago
Total asset turnover is used to evaluate

Total asset turnover is used to evaluate


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Koala Tutor
Oct 4, 2024
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a company's efficiency in using its assets to generate sales or revenue. It measures how effectively a company is converting its assets into sales and is a key indicator of operational efficiency. A higher total asset turnover ratio indicates that the company is more efficient in using its assets.

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