Something in the order of $300 billion globally.
Total asset turnover ratio = total sales / total assets
Total turnover - $16.04 billion.
company's turnover is '' total sale of the company for that year ''.
yah
Formula for asset turnover: Asset turnover = net sales / total assets Net sales = 32000 * 3.2 = 102400
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
Magic
Total of all balances of a business in a given tax year, all credit received counts as turnover.
To find the profit margin, we can use the relationship between Return on Assets (ROA), Return on Equity (ROE), and Total Assets Turnover. ROA is calculated as Net Income divided by Total Assets, while Total Assets Turnover is Net Sales divided by Total Assets. Given ROA of 3% and Total Assets Turnover of 1.5, we can express the profit margin as follows: Profit Margin = ROA / Total Assets Turnover = 3% / 1.5 = 2%. Thus, the profit margin for the company is 2%.
M A T in Accounting and Turnover business terms stands for 'Moving Annual Total'. It is a recording of turnover over a 12 month period to date.
shareholder equity / total assets
Siemens