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114. (5 points) Newport Company has sales of $2,025,000 for the current year. The book value of its fixed assets at the beginning of the
114. (5 points) Newport Company has sales of $2,025,000 for the current year. The book value of its fixed assets at the beginning of the year was $550,000 and at the end of the year was $800,000. The fixed asset turnover ratio for Newport is
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