Fixed asset turnover ratio OBJ. 7 The following table shows the revenue and average net fixed assets (in millions) for a recent fiscal year for Best Buy and RadioShack:

Revenue Average Net Fixed Assets Best Buy $50,705 $3,647 RadioShack 4,258 255

a. Compute the fixed asset turnover for each company. Round to two decimal places.

b. Which company uses its fixed assets more efficiently? Explain.

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