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Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets Year 2020 2019 2018 Sales Revenue Total Fixed Assets Fixed turnover ratio 23,788,371 1,089,871 21.8267 22,337,248 1,840,101 12.1391 23,707,285 2,147,477 11.03 Total Assets turnover ratio Total Asset turnover = Revenue / total assets Year 2020 2019 2018 Sales Revenue 23,788,371 26,507,928 22,337,248 25,944,712 23,707,285 26,751,055 0.8862 Total Assets Total assets turnover 0.8974 0.8609 ratio

Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets Year 2020 2019 2018 Sales Revenue Total Fixed Assets Fixed turnover ratio 23,788,371 1,089,871 21.8267 22,337,248 1,840,101 12.1391 23,707,285 2,147,477 11.03 Total Assets turnover ratio Total Asset turnover = Revenue / total assets Year 2020 2019 2018 Sales Revenue 23,788,371 26,507,928 22,337,248 25,944,712 23,707,285 26,751,055 0.8862 Total Assets Total assets turnover 0.8974 0.8609 ratio

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Interpret the given ratios

Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets Year 2020 2019 2018 Sales Revenue Total Fixed Assets 23,788,371 1,089,871 21.8267 22,337,248 1,840,101 12.1391 23,707,285 2,147,477 11.03 Fixed turnover ratio Total Assets turnover ratio Total Asset turnover = Revenue / total assets Year 2020 2019 2018 22,337,248 25,944,712 Sales Revenue 23,788,371 26,507,928 23,707,285 26,751,055 Total Assets Total assets turnover 0.8974 0.8609 0.8862 ratio
Transcribed Image Text:Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets Year 2020 2019 2018 Sales Revenue Total Fixed Assets 23,788,371 1,089,871 21.8267 22,337,248 1,840,101 12.1391 23,707,285 2,147,477 11.03 Fixed turnover ratio Total Assets turnover ratio Total Asset turnover = Revenue / total assets Year 2020 2019 2018 22,337,248 25,944,712 Sales Revenue 23,788,371 26,507,928 23,707,285 26,751,055 Total Assets Total assets turnover 0.8974 0.8609 0.8862 ratio
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