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This means that for every dollar of total assets, the company generated 87 cents in total revenues in 2019. The ratio is used to compare
This means that for every dollar of total assets, the company generated 87 cents in total revenues in 2019. The ratio is used to compare the efficiency of different companies in generating sales from their assets. In this case, the company's Total Asset Turnover of 0.872 is below the peer group average of 0.97, indicating that it is less efficient at generating sales from its assets compared to its
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