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Definition, Formula, Interpretation, and Analysis of Fixed Asset Turnover Ratio

The fixed asset turnover ratio (FATR) calculates how much income a company generates for every dollar invested in non-current assets. In other words, it assesses how well management uses capital investment to generate revenue. Fixed asset turnover ratio (FATR) that is higher or growing implies that the company is producing more income per dollar invested […]

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Reasons Why Verbal Work Agreements Aren’t Sufficient

Credit: fauxels Via Pexels It is human nature to forget things. When someone gives you a word about something, there is no guarantee that they’ll remember it after a few months. The statement an individual made orally might be valuable in your life. Unfortunately, not every person consists of a verbal agreement legally binding. If […]

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