In fact, anything above a low7 frame score should probably be called VeryLarge.The weight of mature cows in moderate bodycondition (Body Condition Score 5) averages thesame as that of equivalent frame score steers with0.5 inch of fat.
How it works/Example: The formula for the asset turnover ratio is: Revenue / Average Total Assets. Let's look at an example using the following hypothetical information for Company ABC: Revenue is found on the income statement, and total assets are found on the balance sheet. Using the asset turnover ratio formula and the information above, we can calculate that Company ABC's asset turnover ratio this year was: $1,500,000 / [($975,000 + $1,140,000)/2] = 1.418. #-ad_banner-#This means that for every dollar of Company ABC's assets, Company ABC generated $1.42 in revenue.
Calculating the Total Asset Turnover. 1  1. Gather information. In order to calculate your total asset turnover, you will need to gather some information. 2  2. Determine the amount of net sales. To determine your net sales, you will need to subtract your total allowances and discounts for the year. 3  3. Determine the amount of average total assets.