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asset mix. Percentage of an investment portfolio that is invested in each of the three major classes of assets: (1) cash and equivalents, (2) fixed income instruments (bonds, debenture, notes) and, (3) equity instruments (common stock or ordinary shares). You Also Might Like...
The formula for total asset turnover is: Net sales / Total assets = Total asset turnover. For example, a business that has net sales of $10,000,000 and total assets of $5,000,000 has a total asset turnover ratio of 2.0. It is best to plot the ratio on a trend line, to spot significant changes over time.