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What is the asset turnover?

User Elanh
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2 Answers

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18 votes

Answer:

Days of Asset Turnover The Enterprise Accounting System specifies that the net revenue from main business of an enterprise should be the amount of revenue from main business after deducting sales discounts and sales discounts, which is called net revenue from main business. Total asset turnover ratio = total sales revenue / average total assets x 100%.

Explanation:

User Steffen
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27 votes
27 votes

Answer:

the ratio of total sales or revenue to average assets

Explanation:

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User Flavio Moraes
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