It will suspended up to 5 to 10 or years.
<span>The percentage of new sales is $3,368.00</span>
4320 . this prob would have been answered faster under the mathmatics topic
Answer:
Total Asset Turnover = 0.6 times
Explanation:
Total Asset Turnover = $600,000/$1,000,000
Total Asset Turnover = 0.6 times
It measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company. Companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover.
It is an important financial ratio used to understand how well the company is utilizing its assets to generate revenue.