Series 79: Asset Turnover Ratio

Taken from our FINRA Investment Banking Exam

Definition of the term Asset Turnover Ratio...

a measure of a company’s ability to use its assets to generate revenues. It can be calculated by dividing the net revenues for a given period by the average value of the company’s total assets for the same period.

Since you're reading about Series 79: Asset Turnover Ratio, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!