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Author Question: The following is selected data for Shakes & Company:20192018Sales$1,254,837$1,132,447Net ... (Read 71 times)

elizabeth18

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The following is selected data for Shakes & Company:

20192018
Sales$1,254,837​$1,132,447​
Net Income146,000​123,000​
Total Current Assets177,000​159,000​
Property, Plant and Equipment567,000​545,000​
What was the fixed asset turnover for 2019? (Round your final answer to two decimal places.)
◦ 0.26
◦ 1.73
◦ 2.26
◦ 0.20


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Marked as best answer by elizabeth18 on Feb 18, 2020

Animal_Goddess

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elizabeth18

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Reply 2 on: Feb 18, 2020
Excellent


peter

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Reply 3 on: Yesterday
Wow, this really help

 

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