From the following data ,compute Total Assets Turnover Ratio: Fixed Assets ₹ 3,00,000 ,Accumulated Depreciation ₹ 1,00,000, Current Assets ₹ 2,00,000 Revenue from operations (Net sales ) ₹ 8,00,000.


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Total Assets Turnover Ratio` =("Revenue from Operations ")/("Total Assets ") = ("₹ 8,00,000")/("₹ 4,00,000)=2 times .
Total Assets =Fixed Assets - Accmulated Depreciation)+Current Assets
= ₹ (3,00,000 -1,00,000)+ ₹ 2,00,000 = ₹ 4,00,000 .

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