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  3. Study Set
    Principles of Finance
  4. Exam
    Exam 7: Analysis of Financial Statements
  5. Question
    We Can Use the Fixed Asset Turnover Ratio to Legitimately
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We Can Use the Fixed Asset Turnover Ratio to Legitimately

Question 76

Question 76

True/False

We can use the fixed asset turnover ratio to legitimately compare firms in different industries as long as all the firms being compared are using the same proportion of fixed assets to total assets.

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