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.
The Seminoles own one of the largest cattle operations in the United States but have struggled to make a profit in the business. Yet more than a year ago, the tribe quietly spent $2.4-million on 6,000 acres near Managua and about $1-million for 3,000 head of cattle.