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How To Calculate Asset Turnover Using Your Financial Statement

how to calculate asset turnover

When your company needs to find out how effective its assets are at producing revenue, you’ll need to know how to calculate asset turnover. Calculating your asset turnover will help your company identify large inefficiencies and give your departments some ideas on what to improve. In this article we’ll explain why asset turnover is an issue you should be concerned about, and then show you how to calculate asset turnover. By the end, you’ll have a few tricks up your sleeve and have a good understanding of when asset turnover is a relevant metric to consider and when it’s deceptive or...

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How To Write A Press Release For An Event

How To Write A Press Release For An Event

You’re responsible for telling the public about a new event your company will hold. What’s your first move? To prepare a press release, of course. But writing a press release may be more difficult than it seems at first. What should a press release include, and how...

How to Build a Brand for Your Business: the Basics

How to Build a Brand for Your Business: the Basics

You can’t be recognized in your business industry without an identity. Business owners often forget why it’s important to build a reputation around the brands they have. Every product and service is only as good as the person or people who are selling it. You have to...

Business Development Vs Sales: What Does Each Do?

Business Development Vs Sales: What Does Each Do?

Conducting business efficiently to generate profit while maintaining ethical and professional standards is the ultimate goal of most organizations. Although some may view sales as the primary means of achieving this objective, the process is more deeply embedded in...

8 of the Best Side Business Ideas to Try Out Today

8 of the Best Side Business Ideas to Try Out Today

Even if you already have a stable job, some extra money are always welcome. Some might think working two jobs is too much, but starting a business on your own can be a solution worth considering. The best thing about these businesses is the fact you don’t need a lot...

Breaking Down Marginal Benefits and Marginal Cost

Breaking Down Marginal Benefits and Marginal Cost

Sometimes, businesses might want or have to produce more. In this case, they need to pay attention to a number of factors. These factors include marginal benefits and marginal cost, which are changes in general benefits and costs whenever there’s a change in...