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.
Efficiency. Two common efficiency ratios are inventory turnover and receivables turnover. Inventory turnover is the ratio of cost of goods sold to inventory. A high inventory turnover ratio means that the company is successful in converting its inventory into sales.he most common liquidity ratio is the current ratio, which is the ratio of current assets to current liabilities. This ratio indicates a company's ability to pay its short-term bills. A ratio of greater than one is usually a minimum because anything less than one means the company has more liabilities than assets.