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Selected Information from the 2011 and 2010 Financial Statements of Bowen

Question 2

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Selected information from the 2011 and 2010 financial statements of Bowen Corporation is presented below.
Selected information from the 2011 and 2010 financial statements of Bowen Corporation is presented below.   Bowen had cash sales of $750 and credit sales of $615 during 2011. Cost of goods sold for 2011 was $819. Bowen's fixed asset turnover for 2011 is A)  2.97. B)  4.86. C)  2.53. D)  5.53.
Bowen had cash sales of $750 and credit sales of $615 during 2011. Cost of goods sold for 2011 was $819. Bowen's fixed asset turnover for 2011 is


A) 2.97.
B) 4.86.
C) 2.53.
D) 5.53.

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