Business, 28.08.2020 18:01 niyatocute9212

Baldwin has an asset turnover of 1.55 (Asset Turnover = Sales/Assets). That means:. 1. Every $1.00 of assets in the firm generates $1.55 of profit.
2. Every $1.55 of profit in the firm comes from each $1.00 of sales.
3. Every $1.55 of assets in the firm generates $1.00 of sales.
4. Each $1.00 of assets in the firm generates $1.55 of sales revenue.

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Baldwin has an asset turnover of 1.55 (Asset Turnover = Sales/Assets). That means:. 1. Every $1.00...