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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Definition of seniority for English Language Learners. : 1  the amount of time you have worked at a job or for a company compared to other employees. : 2  the state of having a higher rank than another person.