Fixed Assets Turnover Ratio

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing
Section: Chapter Questions
Problem 14E
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WHat is the Fixed Assets Turnover Ratio ?

given

 

Noncurrent Assets

 

 

Equity securities - at fair value through other comprehensive income

 

8, 21

 

16,267,140

Due to related parties - noncurrent portion

8, 21

347,927,681

Property and equipment - net

9

6,390,497,964

Deferred tax assets

19

64,994,497

Retirement benefits asset

18

16,267,140

Other non-current assets

10, 21

30,221,963

Available for sale investment

10

-

    Total Noncurrent Assets

 

6,849,909,245

Revenue

 

2,104,932,423

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