What does the TOTAL ASSET TURNOVER ratio calculate? How can it be used to measure...
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Finance
- What does the TOTAL ASSET TURNOVER ratio calculate? How can it be used to measure the utilization of a companys assets? (3 points)
- What do the ROA & ROE calculate? Discuss briefly the decision that can be made if these ratios were significantly above or below the industry average. (4 points)
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