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Accounting > Asset Turnover Ratio

The following information is about Asset Turnover Ratio.

Asset Turnover Ratio Defined

is a general measure of a firm's ability to generate sales in relation to total assets. It should be used only to compare firms within specific industry groups and in conjunction with other operating ratios to determine the effective employment of assets.

This definition is in context to Accounting. See more contextual defintions for Asset Turnover Ratio.


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