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Assess the asset turnover ratios of three companies: Company Total Revenue (in billions) Total Assets (in billions) IBM $80 $120 Tesla $50 $90 Procter &
Assess the asset turnover ratios of three companies:
Company | Total Revenue (in billions) | Total Assets (in billions) |
IBM | $80 | $120 |
Tesla | $50 | $90 |
Procter & Gamble | $70 | $100 |
Requirements:
- Calculate the asset turnover ratio for each company.
- Interpret the asset turnover ratios and discuss the efficiency of asset utilization for each company.
- Compare the asset turnover ratios and discuss any insights into the operational efficiency of the companies.
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Managing Business Ethics Making Ethical Decisions
Authors: Alfred A. Marcus, Timothy J. Hargrave
1st Edition
1506388590, 978-1506388595
