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They are different.
Return on Assets is calculated on Earnings of the year divided by the Total Assets..........Whereas............
Assets Turnover is calculated by the sales divided by the Total Assets. So they are different.
No difference, both are same.
no deference between return on assets and assets turn over both of them as like
calculated as return on assets = net income / average total assets
average total assets calculated as the sum of assets in the beginning and ending of period divided on2
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