Question

In: Accounting

Explain how to calculate total asset turnover. Describe what it reveals about a company's financial condition,...

Explain how to calculate total asset turnover. Describe what it reveals about a company's financial condition, whether a higher or lower ratio is desirable, and how it is best applied for comparative purposes.

Solutions

Expert Solution


Related Solutions

What is a firm's total asset turnover
What is a firm's total asset turnover, If its fixed assets are 120,000 current assets are 30,000 current liabilities are 44,000 sales were 200,000 and net income was 75,000.
What is government financial condition? What is the major source for information about financial condition? How...
What is government financial condition? What is the major source for information about financial condition? How can we obtain information for financial condition analysis?
What causes a company's Net Asset Turnover to decline and what are the consequences and implications...
What causes a company's Net Asset Turnover to decline and what are the consequences and implications thereof?  (2 paragraphs)
The total asset turnover should generally be higher in value than the fixed-asset turnover. A. True...
The total asset turnover should generally be higher in value than the fixed-asset turnover. A. True B. False
What is the average collection period, inventory turnover, and total asset turnover for P&G from 2016,...
What is the average collection period, inventory turnover, and total asset turnover for P&G from 2016, 2017, and 2018 using http://financials.morningstar.com/balance-sheet/bs.html?t=PG&region=usa&culture=en-US http://financials.morningstar.com/income-statement/is.html?t=PG&region=usa&culture=en-US http://financials.morningstar.com/cash-flow/cf.html?t=PG&region=usa&culture=en-US
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Discuss when total asset turnover would be more important than fixed asset turnover. Provide an example.
Calculate ROE given the following information: profit margin = 20%; total asset turnover = 0.64; equity...
Calculate ROE given the following information: profit margin = 20%; total asset turnover = 0.64; equity multiplier = 1.50.
Total asset turnover is used to evaluate: Select one: a. The necessity for asset replacement. b....
Total asset turnover is used to evaluate: Select one: a. The necessity for asset replacement. b. The efficient use of assets to generate sales. c. The number of times operating assets were sold during the year. d. The cash flows used to acquire assets.
Total assets = $500,000, total asset turnover = 1.40, total debt ratio = 0.30, return on...
Total assets = $500,000, total asset turnover = 1.40, total debt ratio = 0.30, return on assets = 8.60%. What is the return on equity? A. Below 6.55% B. Between 6.55% and 8.05% C. Between 8.05% and 9.55% D. Between 9.55% and 11.05% E. Between 11.05% and 12.55% F. Between 12.55% and 14.05% G. Between 14.05% and 15.55% H. Above 15.55%
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT