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Total Asset Turnover Is Calculated by Dividing Net Sales by Average

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Total asset turnover is calculated by dividing net sales by average total assets.


Definitions:

Nasdaq 100

An index representing the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market capitalization.

Diversified Portfolio

An investment portfolio that contains a mix of assets with different characteristics like stocks, bonds, and commodities to minimize risks.

ETFs

Exchange-Traded Funds, investment funds that are traded on stock exchanges much like stocks and typically track an index, a commodity, bonds, or a basket of assets.

Russell 2000

An index measuring the performance of approximately 2,000 smallest-cap American companies in the Russell 3000 Index, which represents the entire U.S. stock market.

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