ASSET TURNOVER RATIO is a general measure of a firms ability to generate sales in relation to total assets. It should be used only to compare firms within specific industry groups and in conjunction with other operating ratios to determine the effective employment of assets. Formula: REVENUE/ASSETS.
OPEN TO BUY is the dollar amount budgeted by a business for inventory purchases for a specific time period.
DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.
Enter a term, then click the entry you would like to view.