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How to find out "net asset …

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How to find out "net asset turnover ratio" With balance sheet

Posted by Bahubali Kamagouda 5 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 5 years, 5 months ago

Capital Turnover Ratio or Net Assets Turnover Ratio:

It measures the entity’s ability to generate sales or cost of goods sold per rupee of long-term investment. A higher ratio indicates better utilization of long-term funds of owners and the lenders. Thus,

Capital Turnover Ratio = Sales or Cost of Goods sold/Net Assets

Net Assets or Capital employed = Net Fixed Assets + Net Current Assets

Net Current Assets = Current Assets – Current Liabilities.

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