No. Sales are part of Revenue.
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
Fluctuating crrent assets is the assets which haven't direct relationship with sales!
A firm with a higher assets-to-sales ratio is typically one that requires significant investment in fixed assets to generate sales, such as manufacturing companies or heavy equipment firms. In contrast, service-oriented firms or technology companies, which may rely more on intellectual property and less on physical assets, generally have lower assets-to-sales ratios. Therefore, a manufacturing firm would be expected to have a higher assets-to-sales ratio compared to a software or consulting firm.
Operating asset turnover is the ratio of net sales divided by operating assets.
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
Fluctuating crrent assets is the assets which haven't direct relationship with sales!
A firm with a higher assets-to-sales ratio is typically one that requires significant investment in fixed assets to generate sales, such as manufacturing companies or heavy equipment firms. In contrast, service-oriented firms or technology companies, which may rely more on intellectual property and less on physical assets, generally have lower assets-to-sales ratios. Therefore, a manufacturing firm would be expected to have a higher assets-to-sales ratio compared to a software or consulting firm.
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.
selling products that you own in the business
Yes, it is a current asset.
cash/sales ratio
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.