Multiple Choice
A firm only has current assets and fixed assets. Its current assets are $100,000 and total assets are $300,000. The firm's sales are $900,000. The firm's fixed asset turnover is
A) 4.5x.
B) 12.0x.
C) 2.4x.
D) 5.0x.
Correct Answer:
Verified
Correct Answer:
Verified
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