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    Fundamentals of Financial Accounting Study Set 3
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    Exam 9: Long-Lived Tangible and Intangible Assets
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    The Company Has Net Sales Revenue of $3
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The Company Has Net Sales Revenue of $3

Question 17

Question 17

Multiple Choice

The company has net sales revenue of $3.6 million during 2009.The company's records also included the following information: What is the company's fixed asset turnover ratio for 2009?


A) 18.00
B) 1.33
C) 1.00
D) 1.50

Correct Answer:

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