Use this accounting resource to improve your accounting knowledge and bookkeeping understanding. All of these accounting terms have been reviewed and are written so they can be understood for a wide range of accountants, bookkeeppers, cpas professionals.
Please pick a letter to proceed to the terms associated with that letter.
Total asset turnover measures management's efficiency in managing all of a company's assets-specifically the generation of revenues from the company's total investment assets. The total asset turnover ratio is extremely important in high asset companies such as manufacturing. The higher the ratio, the smaller the investment required to generate sales, the more profitable is the company.
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