For the fiscal year ended December 31 2015 LSFM company has declared in its financial statements total assets ending balance of 450M while the beginning balance was 400M having an average asset result of 425M 400M450M. Turnover Ratios are a tool to analyze the performance of the management based on the revenue where it is divided against the different class of assets to ascertain how much of assets were utilized to generate the revenue for a given period. Fixed Asset Turnover Ratio Fixed Asset Financial Ratio Ratio The formula for a stock turnover ratio can be derived by using the following steps. . The equity turnover ratio is not applicable for a company that mainly focuses on debt for its capital necessity. Inventory Inventory Turnover Formula and Calculations Whatever inventory turnover formula works best for your company you will need to draw data from the balance sheet so its important to understand what these terms and numbers repre...