Which of the following is divided by total assets to calculate the total assets turnover ratio?
A) cost of sales
B) profit for the year
C) revenue
D) profit before taxes

Question

Quizplus · Accepted Answer

The total assets turnover ratio is calculated by dividing revenue (or sales) by total assets. This ratio measures how efficiently a company uses its assets to generate sales.

Which of the Following Is Divided by Total Assets to Calculate