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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Asset turnover
Hi Dear Tutor, I see sometimes asset turnover ratio is calculation in the following way
sales dividedn into total assets/2 or capital employed?which one is a correct approach?
Unless the question says to do different, it is sales / capital employed (and , of course, capital employed is equal to total assets les current liabilities).
Thank you very much
You. are welcome 🙂
