Asset Utilization Ratios Explained. Asset, Fixed Asset, Inventory and Receivable Turnover. CPA exam
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-10-31

The asset utilization ratio calculates the total revenue earned for every dollar of assets a company owns. In general, asset utilization is a measure of how well a business is able to utilize their assets to produce revenue. A relatively high ratio means that the company is efficient in using their assets, whereas a low one may indicate poor asset management

✔️Accounting students and CPA Exam candidates, check my website for additional resources:  https://farhatlectures.com/
📧Connect with me on social media: https://linktr.ee/farhatlectures

#CPAEXAM #CPAREVIEW #assetutilization