See Also: Fixed asset turnover ratio(finance)
Fixed asset turnover ratio(money)
Kennedy, Joseph P(atrick)(encyclopedia)
Asset turnover(finance)
Asset turnover(money)
Quick asset ratio or acid test ratio(finance)
Total asset turnover(finance)
Total asset turnover(money)
Receivables turnover ratio(finance)
Receivables turnover ratio(money)

Kennedy, Joseph P(atrick) (sh) and Fixed asset turnover ratio (finance)


Kennedy, Joseph P(atrick) (sh)




born Sept. 6, 1888, Boston, Mass., U.S.
died Nov. 18, 1969, Hyannis Port, Mass.

U.S. businessman and financier.

He graduated from Harvard University in 1912. He was a bank president by age 25 and a millionaire at age 30. He became a shipbuilder, a motion-picture tycoon, and a large contributor to the Democratic Party. During the 1920s he acquired a large fortune by speculating in the stock market; he is also alleged to have traded in bootleg liquor during Prohibition. Later, as chairman of the Securities and Exchange Commission (1934-35), he outlawed the speculative practices, including insider trading and stock manipulation, that had made him rich. He was the first Irish American to serve as ambassador to Britain (1937-40). With his wife, Rose, he encouraged academic and athletic competitiveness in his children and expected the boys in the family
including John F. Kennedy, Robert F. Kennedy, and Edward Kennedy
to pursue Careers in public service. His role in John Kennedy's narrow victory over Richard Nixon in the 1960 presidential election has long been the subject of controversy.


Fixed asset turnover ratio (finance)


The ratio of Sales to fixed assets.