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
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
Problem 1PS
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Interpret the given ratios

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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