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xiaoyu000 xiaoyu000
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2 years ago
A total asset turnover of .9 means that every

▸ $1 in sales is supported by $9.00 of assets.

▸ $0.90 in assets produces $1 in net earnings.

▸ $1 in total assets is replaced on average every .9 years.

▸ $1 in assets produces $0.90 in sales.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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SaharakSaharak
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2 years ago
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You make an excellent tutor!
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This calls for a celebration Person Raising Both Hands in Celebration
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