Question
interpret and analyze all ratios in detail Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets 2018 Year 2020 Sales
Fixed Asset Turnover Fixed Asset Turnover Ratio = Sales Revenue / Total Fixed Assets 2018 Year 2020 Sales Revenue 23,788,371 2019 22,337,248 Total Fixed Assets 1,089,871 Fixed turnover ratio 21.8267 1,840,101 12.1391 11.03 23,707,285 2,147,477 Total Assets turnover ratio Total Asset turnover = Revenue / total assets Year 2020 2019 2018 Sales Revenue 23,788,371 22,337,248 Total Assets 26,507,928 25,944,712 23,707,285 26,751,055 Total assets turnover 0.8974 0.8609 0.8862 ratio
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
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