Sales are neither assets nor liabilities. Sales is the operating revenue recognized for a company over a period of time. However, the resulting cash and receivables from Sales are assets.
No. Sales are part of Revenue.
Fluctuating crrent assets is the assets which haven't direct relationship with sales!
Operating asset turnover is the ratio of net sales divided by operating assets.
Yes, it is a current asset.
Sales are neither assets nor liabilities. Sales is the operating revenue recognized for a company over a period of time. However, the resulting cash and receivables from Sales are assets.
No. Sales are part of Revenue.
Fluctuating crrent assets is the assets which haven't direct relationship with sales!
fixed assets turnover ratio
Formula for asset turnover: Asset turnover = net sales / total assets Net sales = 32000 * 3.2 = 102400
A sales refund will reduce income (debit to Sales Returns) and assets (credit to cash). A debit to Depreciation Expense and a credit to Accumulated Depreciation will reduce assets and net income.
Operating asset turnover is the ratio of net sales divided by operating assets.
Yes, it is a current asset.
cash/sales ratio
selling products that you own in the business
A sales realization is the disposal of assets to generate revenue. A sales realization occurs when the money is received against the item that was sold.
Asset turnover is the ratio of a company's net sales to their total assets. It can be used to measure how efficiently the company is using its assets to increase sales: a high ratio indicates efficiency, whereas a low ratio indicates inefficiency. It can be calculated by dividing the amount of sales by the company's assets.