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0/1 pts Incorrect Question 21 A low fixed asset turnover ratio often indicates that marketing efforts are ineffective the form is keeping expenses low the

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0/1 pts Incorrect Question 21 A low fixed asset turnover ratio often indicates that marketing efforts are ineffective the form is keeping expenses low the homecently using its current asset the form is efficiently using its total assets 0/1 pts Incorrect Question 22 Larry's Lab has sales of $35,750, net fixed assets of $14.500, current assets of $12,300, and cost of goods sold of $30,000. Which of the following is the fixed asset turnover ratio for the business? 247 times 1.19 times 2.91 times 1.18 times

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