The equation to calculate a company's total asset turnover ratio is: Net Sales/Total Assets = # Times. To interpret this, note that the lower the total asset turnover ratio (the lower the # Times), as compared to historical data for the firm and industry data, the more sluggish the firm's sales.
noun, plural Seminoles (especially collectively) Seminole. 1. a member of any of several groupings of North American Indians comprising emigrants from the Creek Confederacy territories to Florida or their descendants in Florida and Oklahoma, especially the culturally conservative present-day Florida Indians.
Definition of Osceola in English: (C.1804â38), leader of the Seminole Indians; born Billy Powell. Resisting all government efforts to remove his people from their homeland in Florida, he led them in the Seminole Wars, which began in 1835. He was captured in 1837 while bearing a flag of truce.