... before interest and taxes ᎏᎏᎏᎏ Total assets (tangible) For Fruit Crate Manufacturing Co., Inc.: $49,730 ᎏᎏ = 13.24% $375,714 191 SECTION Evaluating the Operations of the Business III Turnover and ... useless for predicting the future? Not at all However, the results they show must be tempered by your knowledge of the business, as well as a comparison to a variety of other performance measures For ... company’s future finances, as well as possible reasons for the current situation, and suggestions for further improvements To use the example in Figure 6.2, we can predict a speedy demise for this company,...