Total Asset Turnover Calculation. Output. Total asset turnover is the amount of money earned through sales revenue to the company from the usage of company's asset. Interest, profit or loss, or net income or net loss may be referred as the turnover. Asset or capital or principal often referred as investment.
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The term first was coined during a 1938 political campaign as a euphemism for âold person,â and now enjoys widespread usage in the common vernacular, legislation, and business. Some dictionaries define senior citizen as a person over the age of 65. In everyday speech, the term is often shortened to âsenior.â. In legislation, the term applies to the age at which pensions, social security or medical benefits for the elderly become available.