Difference between revisions of "Fixed assets turnover ratio"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Fixed assets turnover ratio]]. The ratio of sales to net fixed assets; it measures how effectively the firm uses its plant and equipment. | :[[Fixed assets turnover ratio]]. The ratio of sales to net fixed assets; it measures how effectively the firm uses its plant and equipment. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Fixed assets turnover ratio]]. The ratio of sales to net [[fixed asset]]s. It measures how effectively the firm uses its plant and equipment. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 18:14, 1 November 2019
Fixed assets turnover ratio is the ratio of sales to net fixed assets; it measures how effectively the firm uses its plant and equipment.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Fixed assets turnover ratio. The ratio of sales to net fixed assets; it measures how effectively the firm uses its plant and equipment.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Fixed assets turnover ratio. The ratio of sales to net fixed assets. It measures how effectively the firm uses its plant and equipment.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
