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1) 2) $68,225$112,449 $161,509 $159,91e 4,820 15,480 13, Required: 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate
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$68,225$112,449 $161,509 $159,91e 4,820 15,480 13, Required: 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Year Turnover Rat 2014 2015 2016 2. During 2016, Mellow reported a fixed asset turnover ratio of 8.8. Was Papaya's turnover better or worse than Mellow's in that year? Better Worse 2)
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