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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...
BREAKING DOWN 'Asset Turnover Ratio'. Asset turnover is typically calculated over an annual basis using either the fiscal or calendar year. The total assets number used in the denominator can be calculated by taking the average of assets held by a company at the beginning of the year and at the yearâs end.