Yin Company has gross fixed assets of $6,000,000 and accumulated depreciation of $2,000,000. Sales over the last

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Yin Company has gross fixed assets of $6,000,000 and accumulated depreciation of $2,000,000. Sales over the last 12 months totaled

$12,000,000.

– Compute Yin Company fixed asset turnover ratio is:

(a) $4,000,000

(b) $6,000,000

(c) 3.0

(d) 6.0

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Auditing Assurance Services And Forensics A Comprehensive Approach

ISBN: 9783319905204

1st Edition

Authors: Felix I. Lessambo

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Question Posted: May 27, 2024 02:05 AM

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Yin Company has gross fixed assets of $6,000,000 and accumulated depreciation of $2,000,000. Sales over the last

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Auditing Assurance Services And Forensics A Comprehensive Approach

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