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(total assets current year + total assets prior year)/2
total assets current year plus total assets prior year then divide that total by two to find the average. Dont over-think this.
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∙ 14y ago
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What type of ratio results when the organization's net income figure is divided by the total assets figure for the organization?
debt to asset ration
How do you figure average speed?
Average speed = (total distance) / (total time)
What is the asset turnover ratio if the net sales are 51195 and the average total assets is 135128?
Asset Turnover = Net Sales/Average Total Assets Asset Turnover = 51195/134128 Asset Turnover = 0.38169 It depends on the industry, but generally a number this low indicates that the company has too much money tied up in assets that are not contributing to sales. It's a ratio of sales/total assets (or total average assents). Profit margins are an important consideration when analysing this number.
total asset turnover?
total asset turnover shows how much revenue is contributed by assets of a company. a higher ratio implies higher revenue earned. it is calculated as follows:Total asset turnover = Revenue / Average total assetsAverage total assets = (Opening total assets + Closing total assets) / 2
How do you figure out average in bowling?
take your total and divide it by 10
How do you calculate total asset turnover?
Total asset turnover ratio = total sales / total assets
How do you figure speed if you know distance and time?
Average speed = Total distance/Total time.
What is current assets to total assets ratio?
Current asset to total asset ratio shows how much is the proportion of current asset with comparison to total assets of business.
How do you calculate the net asset ratio?
Net Asset Ratio = Total Net Assets/Total Assets
How do you figure out the average of a series of ten numbers?
Add them together. Divide that total by 10.
How do you figure average manufacturing cost per unit?
total cost / number of units
If a company purchases supplies on account the transaction would result in total asset increasing or decreasing?
I think the total asset will decreases
