he can better guide u coz i have no idea about Prvt Company Internship
On Mon, Jun 13, 2011 at 1:53 AM, MUHAMMAD SARIM <sarim.sarwar@gmail.com> wrote:
MAHA in case of General Tyre & Rubber Ltd. which is best?On Mon, Jun 13, 2011 at 1:45 AM, MAHA SHAH <maha.shah.askari@gmail.com> wrote:Both are correct but if u r using average in other ratios too than consider in this ratio also otherwise i think in case of bank ratio analysis avoid average in all formulas
n try to follow second formula in case of Bank
As now-a-days in modern accounting system average calculation is not consider a good way so try to avoid average formula but in case of Prvt Company ratio analysis u can follow 1st formula but not in case of Bank
So its better to follow this one:
Total Asset Turnover = Net Sales / total assets--On Mon, Jun 13, 2011 at 12:09 AM, MUHAMMAD SARIM <sarim.sarwar@gmail.com> wrote:
• Total Assets Turnover
Total Asset Turnover = Net Sales / Average total assets
OR
Total Asset Turnover = Net Sales / total assets
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