Symbolism of Plants, Trees, and Herbs. This page is a compilation of the Symbolic Powers of the Flora Kingdom. We in no way imply or advocate that this information be used for medical or consumptive purposes.
normal account balance. Type of balance expected of a particular account based on its balance sheet classification. Normally, asset and expense accounts have debit balances, and equity, liability, and revenue accounts have credit balances. Also called normal balance.
Interpretation. An asset turnover ratio of 4.76 means that every $1 worth of assets generated $4.76 worth of revenue. In general, the higher the ratio -- the more turns -- the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.