Financial Ratio Analysis - Activity 11 - Vodafone total asset turnover ratio answer

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Activity 11 - Vodafone total asset turnover ratio answer

Vodafone Consolidated profit and loss account	31 Mar 2002	31 Mar 2001
for the year ended	£m	£m
Turnover	22,845	15,004
Total Fixed Assets	153,462	154,208
Total Current Assets	9,438	18,182

Total Asset Turnover Ratios	0.14	0.09

Total Asset Turnover	=	Turnover
		Total Assets

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