Multiple Choice
Your company has net sales revenue of $36 million during the year.At the beginning of the year,fixed assets are $8 million.At the end of the year,fixed assets are $10 million.What is the fixed asset turnover ratio?
A) 4.5
B) 4.0
C) 2.0
D) 3.6
Correct Answer:
Verified
Correct Answer:
Verified
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