Which type of lease, operating or financial, gives a higher asset turnover ratio?

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Which type of lease, operating or financial, gives a higher ratio?
Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.

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Introductory Financial Accounting for Business

ISBN: 978-1260299441

1st edition

Authors: Thomas Edmonds, Christopher Edmonds

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Question Posted: Mar 13, 2018 08:40 AM

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Which type of lease, operating or financial, gives a higher asset turnover ratio?

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Operating leases give a higher asset ...View the full answer

Introductory Financial Accounting for Business

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