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tato formulaMay 16, 2024 — The total asset turnover formula is shown below: total asset turnover = revenue / average assets Hence, the total asset turnover for Company Alpha is $10,000,000 / $8,500,000 = 1.18x .
tato formulaMay 4, 2024 — Asset Turnover Ratio = Net Sales / Average Total Assets. Net sales is the total amount of revenue retained by a company. It is the gross sales from a specific .Jun 23, 2024 — Total Asset Turnover Ratio Formula. The formula to calculate the total asset turnover ratio is net sales divided by average total assets.
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