Examlex
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Sales
The exchange of goods or services for money, representing the primary revenue generating activity of a business.
Total Asset Turnover Ratio
A financial metric that measures the efficiency of a company in using its assets to generate sales, calculated by dividing total sales by the average total assets.
Efficiently
The method of achieving a goal or completing a task with the least waste of time and effort.
Assets
Economic resources owned by a business or individual that have value and can be used to meet debts, commitments, or legacies.
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