In a recent year Walmart reported total asset turnover of 2.44 whereas Target reported total asset turnover of 1.84.One interpretation of this is that Walmart managed its assets more efficiently than did Target.Can you think of another reason that might explain the difference in turnover ratios that does not imply that Target managers are performing poorly relative to their peers at Walmart?

Question

Quizplus · Accepted Answer

The Answer of In a recent year Walmart reported total asset turnover of 2.44 whereas Target reported total asset turnover of 1.84.One interpretation of this is that Walmart managed its assets more efficiently than did Target.Can you think of another reason that might explain the difference in turnover ratios that does not imply that Target managers are performing poorly relative to their peers at Walmart?

In a Recent Year Walmart Reported Total Asset Turnover of 2.44