The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for
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The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for Starbucks in Appendix A.
\section*{Instructions}
(a) Based on the information in these financial statements, compute the following values for each company in 1996:
(1) Average useful life of plant assets
(2) Average age of plant assets
(3) Asset turnover ratio
(b) What conclusions concerning the management of plant assets can be drawn from these data?
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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